Wednesday, September 28, 2016

Flipkart in talks with Wal-Mart to raise up to US$1B to check Amazon’s dream run in I

Flipkart*will get the much-needed capital, while the retail giant*will gain from the e-commerce firm’s*exposure to India’s large*e-commerce market With the entry of multiple conglomerates, India’s e-commerce space has been pushed into a tangled web. From China’s Alibaba to Japan’s SoftBank and Mitsui to South Africa’s Naspers, almost every global MNC has a significant business interest...
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