Friday 16 February 2018

Walmart in talks to buy more than 40 percent of Flipkart: Sources


MUMBAI: Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday. In what would be one of its biggest overseas deals, the U.S.

You can read more here: Walmart in talks to buy more than 40 percent of Flipkart: Sources

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