Flipkart

Walmart May Invest $1B In Flipkart To Fight Amazon Overseas

Walmart May Invest $1B In Flipkart To Fight Amazon Overseas

Walmart’s apparent plan to become more like Amazon wasn’t realized when the company launched its $50/year Prime-rival Shipping Pass or after the company snatched up e-commerce site Jet.com for $3.3 billion. But not one to give up, the big box retailer is now reportedly in talks to invest more than $1 billion in fellow Amazon competitor Flipkart.  [More]