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Walmart Buys Flipkart for $16B to Boost E-Commerce Presence in India
eWeek Today's topics include Walmart outbidding Amazon to acquire India's Flipkart for $16 billion, and Senate Democrats introducing a resolution to reverse the FCC net neutrality vote. After competing against Amazon for years in e-commerce, Walmart revealed ... Is Walmart's acquisition of Indian e-commerce leader Flipkart due to threats or opportunities? Nykaa, Aye Finance raise funding; ecommerce to see higher cross-border data transfer Walmart, Flipkart seal $16 bn e-commerce deal |

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