Tag: Walmart Flipkart Deal

Bengaluru: In a mega deal in India’s e-commerce space, global retail giant Walmart Inc on Wednesday announced it was buying 77 per cent equity stake in the country’s largest e-tailer Flipkart for $16 billion. “Subject to regulatory approval in India, Walmart will pay $16 billion (Rs 1,07,662 crore) for 77 per cent equity stake in […]