REUTERS – E-commerce firm Flipkart is in talks for a partnership with online ticketing platform BookMyShow in a bid to build out its services and transaction offering, the Economic Times newspaper reported.
The talks are at a preliminary stage and may see Flipkart picking up a significant minority stake in BookMyShow, two people familiar with the discussions told the paper. bit.ly/2gHuPc4
Flipkart, which secured nearly $2.5 billion in funding from Japan’s SoftBank Group in August, did not respond to a request for comment.
BookMyShow, owned by Mumbai-based Bigtree Entertainment Pvt Ltd, was not immediately available for comment.
Reporting by Tanvi Mehta in Bengaluru; Editing by Gopakumar Warrier