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Walmart Acquires Indian E-commerce Giant Flipkart: What's in Store for WMT?
Investopedia (blog) In a landmark acquisition deal U.S. giant Walmart Inc. (NASDAQ:WMT) acquired a 77% majority stake in Indian e-commerce player Flipkart for over $16 billion. Flipkart, founded in 2007 by Sachin Bansal and Binny Bansal, has been funded by SoftBank, ... What Walmart-Flipkart deal could mean for e-commerce in India The Walmart – Flipkart alliance: A sign of things to come |
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