Walmart Closes $16B Flipkart Deal

[AlaElaAlaEla]

India’s anti-trust regulator has approved Walmart’ $16 billion acquisition of online marketplace Flipkart.

In May, the retail giant announced it was acquiring about 77 percent of Flipkart for around $16 billion in the biggest deal for India’s eCommerce sector.

“India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading the transformation of eCommerce in the market,” Walmart CEO Doug McMillon said in a statement at the time.

[WHAT]

already snapdeal, flipk ki pedda bokka padindi after amazon entered .... ippudu veedu koni em chestado

[JANASENA]

So Flipkart ni walmart ani name change chesthara ? 

[cellphone]

walmart vadu jet.com kuda inthe konnadu taruvatha emi ayyindo mari not sure

[Kool_SRG]

50 minutes ago, WHAT said:

already snapdeal, flipk ki pedda bokka padindi after amazon entered .... ippudu veedu koni em chestado

Flipkart is ahead of Amazon in India... It has Jabong & Myntra to add to it.