When you are late to a party, you have to make a grand entrance. When Walmart’s investment in Flipkart does get announced, it will be a deal that will change the landscape of the Indian retail sector. According to a person with direct knowledge, talks are progressing towards Walmart’s taking “close to a majority” stake or a simple majority
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boy from Bentonville needs to get into this brawl though. According to Forrester’s Meena, “The focus will be on getting 100 million - 150 million new customers online. The focus for these companies in the next few years will be expanding their reach across the country by investing in logistics.” (With inputs from Soumya Gupta and Shabori Das)
When you are late to a party, you have to make a grand entrance. When Walmart’s investment in Flipkart does get announced, it will be a deal that will change the landscape of the Indian retail sector. According to a person with direct knowledge, talks are progressing towards Walmart’s taking “close to a majority” stake or a simple majority
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Insight-rich storytelling you won't find elsewhere by the finest team of business writers
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Exclusive access to members-only events
boy from Bentonville needs to get into this brawl though. According to Forrester’s Meena, “The focus will be on getting 100 million - 150 million new customers online. The focus for these companies in the next few years will be expanding their reach across the country by investing in logistics.” (With inputs from Soumya Gupta and Shabori Das)
