Wal-Mart vs Amazon: The battle zone spreads to India

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13 November 2018 à 10h41

Updated on 10 May 2019 à 16h39

Reading time

2 minutes

Publication: 13 November 2018 à 10h41, Updated on 10 May 2019 à 16h39

Reading time: 2 minutes

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Publication

13 November 2018 à 10h41

Updated on 10 May 2019 à 16h39

Reading time

2 minutes

Publication: 13 November 2018 à 10h41, Updated on 10 May 2019 à 16h39

Reading time: 2 minutes

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In May, Wal-Mart spent US$16 billion to win a bid against Amazon for the online retailer Flipkart, Amazon’s primary rival in India.
Boosted by a vision of the vast potential of Indian e-commerce, the two retail titans battled for the deal, driving up Flipkart’s valuation to US$20 billion. According to Bloomberg, Amazon bid the highest. However, international shareholders of Flipkart were eager to cash in after 10 years of investment, and worried about regulatory anti-competitive delays. Flipkar

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