Flipkart vendors, and vice versa, but these plans never actually came to fruit. In July 2017, Flipkart made an offer to acquire its main domestic competitor, Snapdeal, for around US$700–800 million. It was rejected by the company, which was seeking at least US$1 billion. Flipkart held a 51% share of all Indian smartphone shipments in 2017, overtaking Amazon India (33%). Flipkart sold 1.3 million phones in 20 hours on 21 September alone for its Big Billion Days promotion, doubling the number sold on the first day of the event in 2016 (where it sold a total of 2.5 million phones in
Record Retailer Record Retailer Record Retailer was a trade newspaper for the UK record industry. It was founded in August 1959 as a monthly newspaper covering both labels and dealers. Its founding editor was Roy Parker (who died on 27 December 1964). The title changed to "Record Retailer and Music Industry News" shortly after launch. With its issue of 10 March 1960, "Record Retailer" became a weekly magazine and started a chart showing the top 50 records in sales. For the period until February 1969, when a standardised UK chart was established with the British Market Research Bureau, the Official Charts Company