Report: Walmart Pursues Indian E-Commerce Site

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Report: Walmart Pursues Indian E-Commerce Site

09/28/2016

The retailer is negotiating with Flipkart Online Services about an investment of up to $1 billion, according to Reuters. The report comes on the heels of Walmart’s purchase of Jet.com, in an apparent attempt to shore up its online business against Amazon and others. Both Walmart and Flipkart declined to discuss the matter with Reuters.

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