Flipkart acquires India's Walmart wholesale business

in hive-116221 •  4 years ago 

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India's Flipkart has acquired its local Walmart Inc's cash-and-carry business, as the e-commerce giant looks to strengthen its wholesale offerings.

The deal will allow Flipkart to launch a digital marketplace called Flipkart Wholesale next month, the Bengaluru-headquartered firm said, without disclosing any financial details of the deal.


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