E-commerce firm Flipkart buys Walmart’s India wholesale business – ZAWYA

  • Date: 23-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

E-commerce firm Flipkart buys Walmart’s India wholesale business – ZAWYA

e-commerce firm flipkart buys walmart's india wholesale business financial terms for the deal were not disclosed    the logo of india's e-commerce firm flipkart is seen in this illustration picture taken january 29, 2019.bengaluru - walmart-owned flipkart will buy the u.s. retail giant's indian cash-and-carry wholesale business as the e-commerce firm looks to strengthen its offerings for mom-and-pop stores, the company said on thursday.flipkart, majority-owned by walmart inc, also announced the launch of flipkart wholesale as part of the deal.financial terms for the deal were not disclosed.(reporting by sachin ravikumar; editing by krishna chandra eluri) (([email protected]; +91 80 6182 2754; twitter: @sachinr27;)) most read stock market datadubai fm 2,049.0222,617,924(-0.79% )abu dhabi se 4,247.1736,348,695(-0.35% )saudi se 7,427.890(0.00% )egypt se 10,459.920(-0.93% )most active stocks moreour privacy statement & cookie policythis website uses cookies to improve your online experience. they were placed on your computer when you launched this website. you can change your cookie settings through your browser.privacy statementcookie policy