Walmart and Flipkart deal: Softbank CEO confirms the mega buyout

Updated: May 9, 2018 06:03 PM IST

Walmart would invest $16 billion in Flipkart for a controlling stake of more than 51 percent at a valuation of over $20 billion. The Walmart and Flipkart deal is the largest buyout for the US company with its biggest bet ever in online space and on India. Watch the video to know more.



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