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Walmart in talks to invest up to US$1b in Flipkart

Thursday, September 29, 2016 - 05:50

Bengaluru

WAL-MART Stores Inc is in advanced discussions to invest as much as US$1 billion into India's Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc in e-commerce, according to a person familiar with the matter.

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