flipkart Walmart deal : Walmart will pay $16 billion for an underlying stake of 77 percent in Flipkart, esteeming the e-posterior near $20 billion. The rest of the business will be held by a portion of Flipkart's current investors. The $16 billion Walmart-Flipkart bargain denotes an achievement on the planet's biggest web-based business bargain ever. The Bentonville, Arkansas-put together worldwide retail behemoth with respect to Wednesday consented to an authoritative arrangement to wind up the biggest investor in Flipkart Group. The most recent arrangement puts Walmart straightforwardly on the guide of India's developing web-based business advertise - evaluated to be around over $200 billion by 2026 - against any semblance of the US e-Com player Amazon. Here are the main 10 key takeaways from the arrangement. Flipkart Walmart Deal 1. Larger part STAKE: 2. MORE INVESTORS TO JOIN IN: 3. Intend TO BECOME PUBLICLY-LISTED: 4. E-COM TO GROW FO...
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