WION Gravitas: Walmart to acquire majority stake in Flipkart

WION India May 04, 2018, 10.32 PM(IST)
WION Gravitas: Walmart may have finally trumped Amazon in the race to buy Flipkart. The board of Flipkart Online Services Pvt have agreed to an agreement to sell about 75 percent of the company to a Walmart Inc.-led group for roughly $15 billion.