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Walmart to reportedly invest up to $1 billion in Flipkart

US retail giant is reportedly in talks to invest up to whopping $1 billion in homegrown e-commerce player Flipkart, according to a latest report from Bloomberg. As per the report, Walmart might take a minority stake in Flipkart which is a major rival for Amazon India. Both the companies are apparently engaged in early talks and … Continue reading "Walmart to reportedly invest up to $1 billion in Flipkart"
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