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Walmart nears $7 billion Flipkart deal

(Bloomberg)—Walmart Inc., No. 3 in the Internet Retailer 2017 Top 500, is in discussions to spend about $7 billion to become the largest investor in India’s leading e-commerce company, according to people familiar with the matter, a move that would put the U.S. retailer in competition with Amazon.com Inc. (No. 1) in one of the […]

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