Here’s what Walmart buying a stake in Flipkart may mean for Amazon

February 8, 2018

Mumbai: Walmart Inc is offering to double the valuation of Flipkart to about $20 billion for a large stake in the Indian e-commerce leader. The world’s biggest brick-and-mortar retailer has sought a route to majority as it embarks on a renewed online push to take on Amazon in the US and across the world, people […]

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