Heading For The Checkout? Walmart Set To Beat Amazon In Flipkart Fight

Walmart (WMT) looks set to win a round in its global fight with Amazon (AMZN), as the world's largest retailer closes in on a deal to buy a big stake in Indian e-commerce giant Flipkart

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Walmart and Aamzon have both bid for a controlling stake in India's leading e-commerce company at a valuation of about $20 billion, insiders told Bloomberg.

However Flipkart's board reportedly believes Walmart could close a deal more quickly and smoothly. An Amazon-Flipkart pact could face regulatory...

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