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Wal-Mart in Talks to Invest Up to $1 Billion in India’s Flipkart

The deal could benefit both Wal-Mart and Flipkart. The Indian retailer would get access to much-needed capital while Wal-Mart would gain exposure to India’s expanding e-commerce market and challenge Amazon on more equal footing than the US.
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  • Bloomberg

NEW YORK, United States

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