Business

Walmart acquires Flipkart for $16 bn, world’s largest ecommerce deal

Walmart acquires Flipkart for $16 bn, world’s largest ecommerce deal

Business
BENGALURU | NEW DELHI: US retail giant Walmart Inc will pick up a 77% stake in India’s largest online retailer Flipkart for $16 billion, successfully concluding more than 20 months of talks, in what will be the country’s largest acquisition and the world’s biggest purchase of an ecommerce company. It will include $2 billion of fresh investment as Walmart looks to take on rival Amazon’s global expansion, pegging the value of Flipkart at $22 billion. The transaction will result in the largest exit for private equity and venture capital investors in India — they’re expected to collectively make about $14 billion by selling shares to Walmart. The transaction puts it ahead of the $14.6-billion Bharti-Indus Towers merger and the $12.9-billion Essar Oil-Rosneft transaction. Only the Vo
Paytm Mall – Get Rs 200 Cashback on Purchase of Rs 299 or more

Paytm Mall – Get Rs 200 Cashback on Purchase of Rs 299 or more

Business
Paytm Mall – Get Rs 200 Cashback on Purchase of Rs 299 or more (All users). Paytm is offering an awesome offer on Shopping at Paytm Mall App, Get Flat Rs 200 Cashback on Shopping of Rs 299 or more. Maximum Cashback is Rs 200 per user. This promocode can be used only once per user. This promocode is valid for a Limited time only. So Hurry up and avail this offer now !! How to Get Rs 200 Cashback on Rs 299 Shopping at Paytm Mall:- 1) First of all, Visit Paytm Mall website and Search for the product which you want to buy. Valid on almost all products except some grocery and FMCG category products. 2) Click on “Buy Now. 3) Add the Product to your Shopping Cart. 4) Apply Coupon:-  ONCEAMONTH to Get Rs 200 Cashback on Rs 299 or above for All Users. Note:- This Coupon will give you Rs 2