Walmart weighs $20 billion price to become Flipkart’s largest shareholder
Bloomberg News
(Bloomberg) —Is India’s e-commerce leader Flipkart Online Services Pvt worth $20 billion? Walmart Inc. is weighing just that in negotiations to become Flipkart’s largest shareholder, according to people familiar with the matter, as the startup fends off Amazon.com Inc. in what’s essentially a three-player market. China’s Alibaba Group Holding Ltd. has backed new entrant Paytm E-commerce Pvt. […]