Walmart Delivers Big Blow against Amazon with Flipkart Takeover
Posted on 05/09/2018
Retail giant Walmart delivered a major blow against Amazon in the fight for India’s rapidly-growing e-commerce market of some 1.3 billion customers with the approval of a US$ 16 billion bid for a majority stake in Flipkart, the subcontinent’s largest online operator by sales volume. In what is thought to be the single largest foreign […]
- Amazon
- Asia
- Deals
- e-commerce
- featured
- Flipkart
- Government of Singapore Investment Corporation
- India
- Mubadala
- PIF
