Flipkart will shutdown eBay India on August 14th

Flipkart will shut down the operations of eBay India on August 14, marking an end to the strategic partnership that began in August, post funding from eBay.

Flipkart will now launch a new platform to sell refurbished goods in an attempt to tap into the market of pre-owned goods, which as of now, is largely unorganised (more details here).
We called the entire deal a flop-show-in-making.

Flipkart is acquiring eBay India. One more mistake?