Posted inIndia, South Asia, World

Walmart in talks to pick up stake in India’s Flipkart

The neck-and-neck competition within India’s online marketplace looks set to get even fiercer with the world’s biggest retailer Wal-Mart Stores deciding to take a stake in Flipkart to fight US giant Amazon. Top Walmart officials met their Flipkart counterparts in Bangalore and a deal may be finalized by March, Economic Times has reported. If a deal takes […]