Walmart Takes Control of India's Flipkart in E-Commerce Gamble - New York Times

Walmart Takes Control of India's Flipkart in E-Commerce Gamble - New York Times

New York Times

Walmart Takes Control of India's Flipkart in E-Commerce Gamble New York Times MUMBAI — Walmart said on Wednesday it reached a $16 billion deal to buy a majority stake in Flipkart, India's leading e-commerce platform, in a sizable bet on a vibrant but risky new market. The deal, struck 19 months after talks began, will plunge ... Walmart confirms $16B Flipkart investment, giving it 77% in India's e-commerce leaderTechCrunch Flipkart, India's Homegrown E-Commerce Leader, Is Poised for a BuyoutMotley Fool Walmart seizes on Flipkart's e-commerce potentialSupermarket News Footwear News -The Columbus Dispatch -Economic Times all 754 news articles »