Wednesday 9 May 2018

Done deal! Softbank CEO confirms Walmart is buying controlling stake in Flipkart


NEW DELHI Global retail giant Walmart has formally agreed to buy a controlling stake in Flipkart. The deal, probably the biggest in the e-commerce space, was confirmed by Softbank CEO Masayoshi Son. Softbank is Flipkart's largest investor. The deal is going to shake things up.

You can read more here: Done deal! Softbank CEO confirms Walmart is buying controlling stake in Flipkart

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