Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Walmart-Flipkart deal will include retail chain: Report
short by Shifa Naseer / on Tuesday, 20 February, 2018
US-based retail giant Walmart's proposed deal with Indian e-commerce firm Flipkart will reportedly include a provision to set up a chain of retail stores across the country. Earlier reports also suggested Walmart might invest $5-$10 billion for a substantial stake in Flipkart at $20 billion valuation. This comes after rival Amazon launched its own food retail service in India.
read more at Inc42