India : Wal-Mart invests US$ 16 billion in the e-retailer Flipkart

An article by Sophie Baqué

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Publication

25 May 2018 à 18h39

Updated on 4 August 2023 à 18h11

Reading time

2 minutes

Publication: 25 May 2018 à 18h39, Updated on 4 August 2023 à 18h11

Reading time: 2 minutes

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An article by Sophie Baqué

Add mind Retail to your sources
Publication

25 May 2018 à 18h39

Updated on 4 August 2023 à 18h11

Reading time

2 minutes

Publication: 25 May 2018 à 18h39, Updated on 4 August 2023 à 18h11

Reading time: 2 minutes

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As Walmart scales back in Brazil and in the U.K. the world’ largest retailer by sales has just signed a US$16 billion deal for 77% of Flipkart, India’s fast-growing e-merchant. The firm was launched during 2007 in Bangalore, selling a range of products from books, smartphones, selfie sticks and jewellery.

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Article authors
Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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