Flipkart Deal: Walmart’s Entry to India Could be Sooner Than You Think
Reports say that Walmart could be acquiring a large stake in India’s leading e-commerce company, Flipkart. And that too, as early as next week. In a close call with rival, Amazon, Walmart has emerged as the clear winner in the acquisition. This deal stands at a valuation of $12 billion. If it goes through, Flipkart’s valuation is expected to touch $18-20