Thursday, September 29, 2016

Walmart eyes US$1B stake in Indian e-commerce giant Flipkart

Will Walmart’s investment be enough to keep Amazon India away from the top spot? * India’s largest e-commerce company, Flipkart, is in talks with America’s largest retailer, Walmart, over an investment deal that would see the US giant obtain a stake in the Indian entity for between US$750 million and US$1 billion. This follows a...
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