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
Gadzooks (retailer) Gadzooks (retailer) Gadzooks, Inc. was a mall-based teenage clothing retailer. It was acquired by Forever 21 in 2005 and then shut down. The company logo included the Volkswagen Beetle and all stores had a life-size version of part of a Beetle inside. The company was founded in 1983 as a T-shirt business by Jerry Szczepanski and Larry Titus. The first store was in Mesquite, Texas. By 1992, the company had 33 stores in Texas. In 1995, the company became a public company via an initial public offering and within 3 months, the share price quadrupled from $15 to $61. That