Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Retail News

  • Home
  • Retail News
  • Walmart in talks to buy minority stake in India’s Flipkart

Walmart in talks to buy minority stake in India’s Flipkart

  • Categories Retail News
  • Date February 1, 2018
  • Comments 0 comment

U.S. retailer Wal-Mart Stores Inc is in advanced talks to buy a minority stake in Indian e-commerce firm Flipkart, Indian financial daily the Economic Times reported on Tuesday.

Walmart could buy a 15 percent to 20 percent stake in Amazon.com Inc’s main competitor in India, the newspaper said, citing two anonymous sources.A deal could be finalised as early as March and may involve primary and secondary sales by longstanding Flipkart investors, the paper added.“We don’t comment on rumours and speculation,” Walmart spokesman Randy Hargrove told Reuters via email.Bengaluru-based Flipkart was not immediately available for comment outside regular business hours.The news comes nearly two years after Reuters reported that Walmart was looking to invest between $750 million and $1 billion in Flipkart.

http://hk.fashionnetwork.com

  • Share:
gsiino

Previous post

H&M moves into the off-price marketplace with Afound
February 1, 2018

Next post

Farfetch gears up for fashion store of the future
February 1, 2018

You may also like

forever-21
Shein and Forever 21 Owner Join Forces
24 August, 2023
the-co-op
Central Co-op – creating a sustainable society
17 August, 2023
korea-ecommerce
South Korea e-commerce sales to surpass USD 160 million by 2027
10 August, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Shein and Forever 21 Owner Join Forces
24Aug2023
Central Co-op – creating a sustainable society
17Aug2023
South Korea e-commerce sales to surpass USD 160 million by 2027
10Aug2023
Coach Play concept store in Singapore plays host to Coachtopia immersive, circular economy takeover
09Aug2023
Struggling Wilko suspends home delivery orders
09Aug2023

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy