Global retail giant Walmart has paid $16bn (£11.8bn) for a majority stake in Flipkart, India's biggest online retailer, making this the world's largest ever e-commerce acquisition. Walmart ...
In what is going to be one of the biggest upheavals in the Indian e-commerce industry, a majority stake in Flipkart ... giant Walmart has been trying for quite some time to make this acquisition ...
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged ...
Finally, the long-drawn international Walmart-Amazon battle is going to extend to Indian grounds. With US retail giant Walmart on the brink of acquiring Flipkart, speculation in the media is now ...
The Enforcement Directorate (ED) will summon Flipkart and Amazon executives as part of its probe on foreign investment rule ...
After depositing $1.02 Bn (INR 7,349.4 Cr) with the Indian income tax (I-T) department as withholding tax for its Flipkart acquisition ... not and that is why they have asked Walmart for the ...
McMillon also said that their acquisition of Flipkart and seeing ... COVID-19 lockdown, Walmart wanted to make sure they had enough cash to operate, and that’s why the investment came through ...
the deal could also give Flipkart an improved supply chain and make it more process-oriented, which will help it to compete with Amazon, some sellers said. Walmart’s $16-billion acquisition of a ...
That is approximately $2.3 billion in cash. According to Walmart the acquisition will enable the company to connect with its customers with innovative television, in home entertainment and media ...
Global retail giant Walmart has paid $16bn (£11.8bn) for a majority stake in Flipkart, India's biggest online retailer, making this the world's largest ever e-commerce acquisition. Walmart ...
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