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Flipkart, Ebay Break up & RBI Says Cash-on-Delivery is Not Authorized: 4 Things to Know Today Stay tuned to get every day updates in 60 seconds.

By Sanchita Dash

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

  1. It seems the interest has not died down for Pinterest! According to reports, after hitting nearly $1 billion in ad sales, the company is aiming to go public by mid-2019.

  2. Ebay it set to say goodbye to Flipkart. Reports suggest that the e-commerce platform is set to stop e-bay operations from August and could soon launch its own platform for the buying and selling of used goods.

  3. Speaking of e-commerce platforms, there's news from the Reserve Bank of India. The RBI has said that cash on delivery deals made by e-commerce platforms are not authorized.

  4. What on Earth is a Magbee you ask? Well, that's the question on everybody's mind today. Samsung has filed for a trademark on the word which supposedly stands for magnetic beetle. According to rumours it's for Samsung's AI powered speakers.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Sanchita Dash

Entrepreneur Staff

Former Senior Correspondent, Entrepreneur India

In the business of news for 5 years now. Making my way across India thanks to my career. A media graduate from Symbiosis, Pune, I have earlier worked with Deccan Chronicle (South India's leading English daily), T-Hub (India's largest incubator) and Anthill Ventures (a speed-scaling platform). 

Stories, movies and PJs are my thing. 

If you hear 'The Office' opening score randomly, don't worry it's just my phone ringing. 

 

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