For the good of competition it makes sense to put restrictions on the online business of Walmart from sharing consumer data and analytics with their core business in India.
Walmart's $16 bn Flipkart buy is the biggest deal this year by
ISFANDIAR HOSAINPUR on May 09, 2018 08:22 PM | Hide replies | Hide message
The reality of Modi's make in india. Billionaire are leaving the country. People close the business or sell to foreign countries. When Modi was in opposition he was against the 100% FDI now allowed. Amazon and Walmart are American Companies. In the guise of Patriotism Modi is favorign Americans
Re: Congrats Bansals...
by sanjay sss on May 10, 2018 09:53 AM
The founder Bansal Duo were IITians. They had worked in Amazon and learnt the trade there. Soft Bank of Japan invested heavily in Flipkart. So it is much more than simply caste based acumen.
$20.8 Bn means INR 1,36,500 Crores Valuation of Flipkart. Is number correctly mentioned. So $ 16 billion price means Walmart would pay INR 80000 Crores.....unbeleivable!!!!!
Re: Walmart buys 77% stake in Flipkart
by ISFANDIAR HOSAINPUR on May 09, 2018 08:25 PM | Hide message
but Indian company taken over by an American Giant. Flipkart could not sustain due to Amazon. Is the make in India. Videocon, Micromax already closed.
Re: Walmart buys 77% stake in Flipkart
by ISFANDIAR HOSAINPUR on May 09, 2018 08:26 PM | Hide message
but Indian company taken over by an American Giant. Flipkart could not sustain due to Amazon. Is the make in India. Videocon, Micromax already closed.
Re: Walmart buys 77% stake in Flipkart
by ISFANDIAR HOSAINPUR on May 09, 2018 08:27 PM | Hide message
but Indian company taken over by an American Giant. Flipkart could not sustain due to Amazon. Is the make in India. Videocon, Micromax already closed.
Re: Walmart buys 77% stake in Flipkart
by ISFANDIAR HOSAINPUR on May 09, 2018 08:27 PM | Hide message
but Indian company taken over by an American Giant. Flipkart could not sustain due to Amazon. Is the make in India. Videocon, Micromax already closed.
Re: Walmart buys 77% stake in Flipkart
by sanjay sss on May 10, 2018 09:51 AM
But the biggest gainer is Soft Bank of Japan and not Flipkart.Means Japan gets the loaf India gets the crumbs.
