Exclusive: Walmart close to buying majority of India’s Flipkart
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April 12, 2018This post was originally published on this site
HONG KONG/MUMBAI (Reuters) – Walmart Inc 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 people with direct knowledge of the matter said.