MUMBAI/NEW DELHI (Reuters) – Indian shopkeepers and traders affiliated to a local lobby group held scattered sit-in protests across the country on Monday against Walmart’s proposed $16 billion acquisition of e-commerce firm Flipkart. The Confederation Read more…
MUMBAI (Reuters) – For Lalit Bisht, buying Roadster jeans and T-shirts off Myntra, Flipkart’s fashion operation, is a no brainer. It may take a week to deliver clothes to Bisht’s small hometown in Uttarakhand, but Read more…
TOKYO (Reuters) – SoftBank Group Corp said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart to Walmart Inc, the first public divestment by its Vision Fund. Walmart said Read more…
BENGALURU/MUMBAI (Reuters) – Amazon.com has made a formal offer to buy a 60% stake in Indian online retailer Flipkart, CNBC-TV18 reported on Wednesday, threatening to complicate Walmart’s bid to buy a majority stake in the Read more…
MUMBAI (Reuters) – Walmart Inc is in talks to buy a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia’s third-largest economy, two sources familiar Read more…
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