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World's largest eCommerce deal - Flipkart-Walmart Deal confirmed - The Bloggers Diary - The Diary of a Blogger
The much-awaited Flipkart-Walmart deal is now official. US retail giant Walmart has picked up 77 percent stake in Flipkart for $16 billion, valuing it at $20 billion. With this move, it becomes the world’s largest retail deal. The Flipkart-Walmart investment also includes $2 billion of new equity funding. While the remaining stake will be held … Continue reading
Sudipp Saaha