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Technology News
Walmart Not Surprised with Facebook Investment into Reliance Jio
The entry of Facebook into the Indian retail market through an investment into Jio Platforms is “not surprising,”...
Internet
Walmart May Exit Flipkart Courtesy of New FDI Norms for E-Commerce Companies: Morgan Stanley
Retail giant Walmart may exit Flipkart after India’s new Foreign Direct Investment (FDI) norms for e-commerce companies came...
Technology News
Walmart Successfully Completes Deal to Acquire 77% Stake in Flipkart for USD 16 Billion
Walmart, the US-based retail giant today announced that it has successfully completed the deal to acquire Flipkart for...
Technology News
Walmart to Buy Majority Stake in Flipkart for More Than $12 Billion
Numerous reports in recent times stated that Walmart is looking to buy a majority stake in India’s leading...