walmart
Walmart pays $16 billion for 77 per cent Flipkart stake
World’s biggest e-commerce deal angers traders’ body, RSS affilate.
Walmart stocks dip over 4 per cent after deal
Flipkart is expected to generate meaningful losses for the next few years, so this is a bet for the future, say analysts.
Walmart to acquire 77 per cent stake in Flipkart, confirms Softbank CEO
The investment will help accelerate Flipkart's customer-focused mission to transform commerce in India through technology.
Walmart to buy controlling stake in Flipkart, confirms Softbank CEO
Softbank CEO also said the stake of USD 2.5 billion Flipkart is now worth about USD 4 billion in deal.
Walmart likely to announce Flipkart deal before end of week: sources
Walmart and Google parent Alphabet Inc will buy up to 75 per cent of Flipkart.
Walmart entry: Red carpet for Chinese imports
Walmart has begun competing with Amazon for the e-commerce space and about 10 per cent of its US sales are now by this.
Walmart-Flipkart deal must be closely vetted
The mom-&-pop store may survive the Walmart storm, but millions will be out of jobs soon as the workforce shrinks from Walmart’s scale of operations.
Scrutinise Walmart deal: CAIT
The Flipkart buy may be one of the largest deals in the retail sector and by far, the biggest in the country’s booming e-commerce market.
CAIT demands scrutiny of proposed Flipkart-Walmart deal
It will promote loss funding and predatory pricing in e-commerce sector.
Flipkart board approves Walmart’s bid, says report
Flipkart declined to comment when contacted by AFP.