Posted inIndia, South Asia, World

Amazon may bid for India’s Flipkart to counter Walmart

US e-commerce giant Amazon is moving against world’s biggest retailer Walmart to try to scuttle the latter’s move to take control of India’s largest e-commerce firm Flipkart. With Flipkart in advanced talks with Walmart Inc. on selling a majority stake, Amazon may submit a rival offer to buy the Indian company, Mint newspaper has reported. […]

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