Walmart Delivers Big Blow against Amazon with Flipkart Takeover

Posted on 05/09/2018

Retail giant Walmart delivered a major blow against Amazon in the fight for India’s rapidly-growing e-commerce market of some 1.3 billion customers with the approval of a US$ 16 billion bid for a majority stake in Flipkart, the subcontinent’s largest online operator by sales volume. In what is thought to be the single largest foreign […]

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