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Walmart-Flipkart Deal a Sign of a New India
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Walmart-Flipkart Deal a Sign of a New India

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Asia Sentinel
May 15, 2018
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Walmart-Flipkart Deal a Sign of a New India
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US multinational retail corporation Walmart’s decision to buy 77 percent of India’s largest online company Flipkart for US$16 billion, touted as the world's largest ecommerce deal, has stirred things up in Asia's third largest economy and provided a way around prohibitions on foreign investing in online retail.

Announcement of the transaction has raised …

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