Monday, 7 May 2018

Walmart plans $2-3 billion push for Flipkart

NEW DELHI: Global retail giant Walmart plans to pump $2-3 billion (over Rs 13,000 crore) as fresh equity into Flipkart to strengthen its hold on the e-commerce company, while buying existing shareholders for a majority control in a deal that is expected to be announced this week. Read more here: Walmart plans $2-3 billion push for Flipkart
Read More Here: Walmart plans $2-3 billion push for Flipkart

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