Walmart is in advanced talks to acquire Amazon’s India rival Flipkart - Recode

Walmart is in late-stage discussions to buy a majority stake in India’s online shopping site Flipkart, in what would be the company’s most ambitious move yet to take on Amazon outside of the U.S., according to multiple people familiar with the talks. But Walmart will likely have to first work out a deal with eBay, a Flipkart investor and partner, if it wants to do much business with its new Indian subsidiary over the next few years.

Amazon vs Walmart is fun to watch. 


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