Earlier this year an online electronics shopping site Letsbuy.com was acquired by Flipkart.com for 125 crore (roughly $25 million) in a cash plus equity deal. With this move Flipkart had moved to the number one position in the e-commerce market by buying it’s biggest competitor, analyst also call it the Amazon Junglee effect, which is another e-commerce site by amazon in India.
For the past few months Letsbuy was running normally as it was before but if you visit Letsbuy.com today you will be greeted by a banner telling you that Letsbuy is no longer in operation and all pending orders by letsbuy will be handled by Flipkart. Many users are complaining that flipkart customer care is not able to answer what will happen to their order while others are complaining that their order has been cancelled. We will get back to you when we have more information.
Do you think at least Letsbuy should have kept the tracking page accessible till all the orders are completed before they completely shutdown?