Friday, February 9, 2018

Walmart in Talks to Buy 20% Stake in Flipkart

With Indian e-commerce sales predicted to reach $35 billion by 2020, according to a 2016 report from the accounting firm EY, after growing at a compound annual growth rate in excess of 50% over the last five years, competition has been heating up, including with foreign players such as Amazon.com ...

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