Flipkart buys parent Walmart’s Indian wholesale business – ZAWYA

Flipkart buys parent Walmart’s Indian wholesale business – ZAWYA

flipkart buys parent walmart's indian wholesale business the brand has 28 wholesale stores, two fulfilment centers and more than 1.5mln members    the logo of india's e-commerce firm flipkart is seen in this illustration picture taken january 29, 2019.bengaluru - india's flipkart said on thursday it had acquired parent walmart inc's local cash-and-carry business, as the e-commerce firm strengthens its wholesale offerings to compete better with amazon.com inc.the deal will allow flipkart to launch a digital marketplace called flipkart wholesale next month, the bengaluru-headquartered firm said, without disclosing any financial details of the deal.walmart, which has been running best price wholesale cash-and-carry stores in india since 2009, bought a controlling stake in flipkart in 2018 for $16 billion.the deal will allow flipkart to launch a digital marketplace called flipkart wholesale next month, the bengaluru-headquartered firm said, without disclosing any financial details of the deal.bengaluru - india's flipkart said on thursday it had acquired parent walmart inc's local cash-and-carry business, as the e-commerce firm strengthens its wholesale offerings to compete better with amazon.com inc.walmart, which has been running best price wholesale cash-and-carry stores in india since 2009, bought a controlling stake in flipkart in 2018 for $16 billion.the brand has 28