Walmart To Buy Controlling Stake In Flipkart For $16 Billion
Abdul Saleem, a deliveryman known as a Wishmaster for Flipkart Online Services Pvt’s Ekart Logistics service, sorts packages at the company’s office in the Jayaprakash Narayan Nagar area of Bengaluru. (Photographer: Dhiraj Singh/Bloomberg)

Walmart To Buy Controlling Stake In Flipkart For $16 Billion

Walmart Inc. will acquire control of India’s largest online retailer Flipkart Ltd. in its biggest deal, taking on Amazon.com Inc in one of the fastest growing e-commerce markets.The world’s largest...
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