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EXCLUSIVE: Walmart close to buying majority of India's Flipkart

Thursday, April 12, 2018 - 01:56

Walmart is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two sources exclusively told Reuters. Reuters' Sankalp Phartiyal reporters from Mumbai.

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Walmart is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two sources exclusively told Reuters. Reuters' Sankalp Phartiyal reporters from Mumbai.

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EXCLUSIVE: Walmart close to buying majority of India's Flipkart

Thursday, April 12, 2018 - 01:56