Monday, April 23, 2018

Walmart-Flipkart Deal & Implications for India

...is getting rough
The Online Battle


With continuous talks on the deal to buy majority stake in Flipkart, Walmart Inc. may complete the agreement in the next two weeks for at least $12 billion. Walmart has struggled against Amazon as consumers increasingly migrate to online commerce but if this deal is completed, they would have a substantial foothold in an emerging market of 1.3 billion people. Here's more details on how this deal is expected to impact India.