Providing Free Tech Support, Mobile and Tech updates, Free Mobile Apps, Apps on Demand, Handler UI Mod, Mobile Tips-Tricks, Free GPRS Setting, Windows Apps & Tips And Lots More Only At Your Favorite Mobile/Tech Blog
Privacy Policy | Disclaimer

Search This Blog

Walmart to acquire 77% stake in Flipkart for $16 billion

Putting an end to the rumors and reports, Walmart has officially confirmed that it has signed an agreement to acquire 77% stake in Flipkart for about $16 billion. The investment will help accelerate Flipkart's customer-focused mission and traansform commerce in India through technology, at the same time boost Walmart’s commitment to sustained job creation and investment in India.  Flipkart’ leadership team will be supported by Walmart, Tencent, Tiger Global, and Microsoft. It is to be noted...
Read More at:

No comments:

Post a Comment

Thanks for Your valuable comments. You'll get a reply soon -mannuforall