With Flipkart in the bag, Walmart is ready for round two in India

Having completed the world’s largest e-commerce acquisition, Walmart is now all set to tap the twin opportunity of wholesale and online retail in India.

On Aug. 18, Walmart said it has closed the agreements for it to become the largest shareholder in the Bengaluru-based Flipkart Group. First announced on May 09, the acquisition was pending approval from fair trade regulator Competition Commission of India (CCI).

The Bentonville-based firm has bought around 77% stake in India’s largest...

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