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Amazon may offer to buy Flipkart: Reports
short by Aditi Verma / on Wednesday, 4 April, 2018
E-commerce giant Amazon has held early exploratory talks and may submit an offer to buy Indian rival Flipkart, according to reports. This comes amid other reports suggesting Walmart is in advanced talks to buy 55% stake in Flipkart. In the Walmart-Flipkart deal, which can value Flipkart at $21 billion, Tiger Global and other investors are expected to sell their shares.
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