Walmart to close Flipkart deal by the end of this calendar year

0
693

Walmart, which signed an agreement to acquire 77 % stake in Flipkart , said that it will conclude the $16bn deal by the end of this calendar year.Commenting on firm’s decision to invest in Flipkart, Walmart CEO Douglas McMillan said that the company wants to be in places that have a tremendous opportunity. Flipkart hasa strong management team, he added.

Also Read :   City girl Rammya Singh makes it big by clinching Miss Globe India 2016 title

LEAVE A REPLY

Please enter your comment!
Please enter your name here