Latest News
Walmart Finalized $20 Billion Flipkart Deal
The much foreseen Walmart and Flipkart deal is finalized. The retail titan Walmart’s CEO McMilon is in Bengaluru exclusively to take the deal to the next level and acquire over 70% stake in the ecommerce player. This is going to be one of the largest Mergers and Acquisitions (M&A) to take place in India. The ecommerce firm will be valued at $20 billion post the deal. The deal will be made official in a town hall meeting at Flipkart’s headquarters in Bengaluru.
McMilon is also going to disclose the strategy he is likely to implement in India to the Flipkart’s employees. Google parent Alphabet Inc., will align with Walmart in the deal. Walmart would be owning a 60% stake, while Alphabet will get about 15% ownership of Flipkart. Although the transactions are supposedly to take place in Singapore where the ecommerce firm Flipkart is registered, India’s Income Tax (I-T) department keeping an eye on the deal. According to the I-T rules known as the “Retrospective Tax,” any asset which is registered or incorporated outside India shall be deemed to be situated in India if the assets are “substantially” located in India. With the ongoing talks of the deal , there is a possibility the taxmen may apply the same rules to the Walmart-Flipkart deal.
According to reports, Flipkart’s rival Amazon has been trying to invest in Flipkart and also made an offer to buy 60% of its stake. The e retailer, however, seems to show no interest in the deal and chose Walmart over Amazon. Nevertheless, Amazon is committed to invest over $5 billion in India. The company aims at making its distribution systems stronger in the country.
With the online marketplace in India growing tremendously, global investors are hugely attracted to the Indian online market. Currently, Flipkart controls nearly 40% of India’s online retail market.
This article has been updated!
Krwssfbc
May 25, 2025 at 10:53 pm
Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino bonus.
iwin
November 6, 2025 at 3:10 am
iwin – nền tảng game bài đổi thưởng uy tín, nơi bạn có thể thử vận may và tận hưởng nhiều tựa game hấp
站群程序
November 9, 2025 at 3:36 am
采用高效谷歌站群策略，快速提升网站在搜索引擎中的可见性与权重。谷歌站群
站群程序
November 12, 2025 at 9:05 am
搭载智能站群程序，自动化搭建与管理，为SEO项目提供核心驱动力。站群程序
MM88
November 14, 2025 at 6:43 am
Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.
Kuwin
November 16, 2025 at 3:40 pm
kuwin sở hữu kho game đa dạng từ slot đến trò chơi bài đổi thưởng, mang đến cho bạn những giây phút giải trí tuyệt vời.
MM88
November 17, 2025 at 1:53 am
Với giao diện mượt mà và ưu đãi hấp dẫn, MM88 là lựa chọn lý tưởng cho các tín đồ giải trí trực tuyến.
GO88
November 30, 2025 at 6:35 pm
Tham gia cộng đồng game thủ tại Go88 để trải nghiệm các trò chơi bài, poker phổ biến nhất hiện nay.