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Total 206 results found. Search for [ Flipkart valuation ]

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Prosenjit Datta
May 10, 2018
Now that the Flipkart-Walmart deal has been announced, it is very clear what Flipkart is getting out of the deal. But it is not very clear what Walmart gains after paying $16 billion to take over the majority stake.


E Kumar Sharma
New Delhi, May 9, 2018
Kishore Biyani says in terms of the e-commerce space, the e-commerce market is still too small in India. \"If you look at the non-CDIT (consumer durables and IT or electronics and mobile phones), it is hardly Rs 35,000 to Rs 40,000 crore. So, in that sense, it's a very small business,\" says the Future Group CEO.


Rajeev Dubey
New Delhi, May 10, 2018
Walmart CEO Doug McMillon has said that the Flipkart-Walmart deal will create around 10 million jobs in India. This includes both direct and indirect jobs.


BusinessToday.In
New Delhi, May 9, 2018
Walmart will pay $16 billion for an initial stake of 77 per cent in Flipkart, valuing the e-tailer close to $20 billion. The remainder of the business will be held by some of Flipkart's existing shareholders.


BusinessToday.In
New Delhi, May 9, 2018
Sachin and Binny Bansal met each other for the first time in 2005 in IIT Delhi.


BusinessToday.In
May 9, 2018
The Flipkart-Walmart deal involves the world's biggest company by revenue buying around 77 per cent stake in the Indian e-commerce market leader for $16 billion.


BusinessToday.In
New Delhi, May 9, 2018
Flipkart is expected to sell 70-75 per cent stake to the Bentonville-based retail major but the final contours of the deal will be announced today evening. Bansal, who's also the executive chairman of Flipkart, will step down from its board after the final deal is through.


www.businesstoday.in
May 8, 2018
Flipkart's co-founder and executive chairman Sachin Bansal will sell his entire 5.5% stake in Flipkart, the company he co-founded, as he exits. It has been an eventful journey for him. Former Amazon executive, Sachin, teamed up with Binny Bansal, in 2007 to found Flipkart as an online seller of books. Watch the success story of Sachin Bansal.


BusinessToday.In
May 8, 2018
Walmart is expected to buy 70-75 per cent stake in the homegrown e-tailer Flipkart along with Google parent Alphabet for about $15 billion.


PTI
May 8, 2018



BusinessToday.In
May 7, 2018
If the Walmart-Flipkart deal indeed goes through, it would be the largest so far in the Indian e-tailing market that is forecast to grow to USD 200 billion by 2026.


PTI
May 6, 2018



BusinessToday.In
New Delhi, May 5, 2018
On Friday, it was reported that Flipkart board has approved 75 per cent stake sale to Walmart for USD 15 billion. Tech giant Google's parent company Alphabet Inc would also tag along with Walmart for an investment in Flipkart.


Reuters
May 5, 2018
Japan's SoftBank Group, the biggest investor in the Indian firm through its private equity fund, is considering selling its roughly 20 per cent stake as part of the deal if the price is right.


BusinessToday.In
New Delhi, May 4, 2018
The US retail giant was in talks with Flipkart for around a year to acquire a controlling stake in the firm as it looks to take on rival Amazon.com Inc head-on in India, a market where e-commerce is tipped to grow to $200 billion in a decade.


BusinessToday.In
May 4, 2018
After months of negotiations, it appears that Walmart may have finally trumped Amazon in the race to buy Flipkart. The brick-and-mortar retailer has reportedly outrivalled the global online retail behemoth to acquire around 75 per cent stake in India's largest e-commerce platform.


BusinessToday.In
New Delhi, May 7, 2018
Asus opening pre-orders for its Zenfone Max Pro M1 via Flipkart marks the beginning of a rivalry between it and the Xiaomi Redmi Note 5 Pro. Here's how the two mid-range heavyweights size up against each other.


BusinessToday.In
New Delhi, May 2, 2018
Walmart's entry could also significantly shake up things for Flipkart's board.


BusinessToday.In
New Delhi, April 30, 2018
The entry of Walmart into the picture would change the shareholding structure of the company but the top management would see no change.


BusinessToday.In
April 27, 2018
Google's parent Alphabet is reportedly in talks with US-based retail behemoth Walmart to acquire a minority stake in India's largest e-tailer Flipkart.


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