Now listen to Fossbytes stories! The US-based supermarket chain Walmart is set to enter the Indian e-commerce market after acquiring a controlling stake in the Flipkart, according to a TOI report. The news has been confirmed on Wednesday afternoon by Mayaosho Son, CEO of SoftBank. It’s worth noting that Softbank owns 20% stake in Flipkart. An official announcement […] The post Walmart Buys Flipkart; Grabs 77% Stake For $16 Billion appeared first on Fossbytes.
Walmart Buys Flipkart; Grabs 77% Stake For $16 Billion
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