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WALMART BOUGHT FLIPKART FOR 1 LAKH CRORE, KNOW WHO WILL BENEFIT free business application development Latest News Mobile App Development Mobile Smartphones social media Social Media Marketing Tips Social Networking Sites Software Software Development 

WALMART BOUGHT FLIPKART FOR 1 LAKH CRORE, KNOW WHO WILL BENEFIT

American retail company Walmart has bought a large stake in Indian largest e-commerce Online Store Flipkart. Flipkart Walmart deal has been reached for $ 16 billion (Rs 1 lakh crore). Walmart has bought 77 percent stake in the Indian company. This has been confirmed by Walmart. Masayoshi Son, CEO of Japanese Group Softbank, who holds a stake in Flipkart, has also confirmed about this deal According to Market Research e-commerce sales of the Flipkart store in India went up to $ 21 billion last year and are expected to use…

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