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Foreign companies operating in India's booming e-commerce sector face many regulatory and legal challenges from authorities ...
India's financial crime agency said on Wednesday an investigation had found that Walmart's fashion business Myntra Designs breached laws prohibiting foreign wholesalers from selling to consumers.
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TipRanks on MSNWalmart Stock (WMT) Wobbles on Indian Financial Crime ProbeWalmart stock ($WMT) was looking shabbier today after a financial crime investigation into its fashion business Myntra ...
Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe ... Walmart’s ownership in Flipkart now stands at about 80%.
Walmart's (WMT.N) Flipkart should not be treated the same as rival Amazon (AMZN.O) in an Indian antitrust probe as the evidence against the two firms was "qualitatively different", ...
Walmart is increasing its majority-stake in Flipkart by leading a new $1.2 billion financing round in the Indian e-commerce giant. The fresh equity round led by Walmart, which acquired majority ...
Walmart bought majority stake in Flipkart for USD 16 billion last week. CIOIndia spoke to industry veterans and analysts to understand what works and what does not work in the deal.
Walmart Makes Right Move With Flipkart Despite Investor Qualms. The deal is the best way to crack India’s notoriously difficult market. May 9, 2018 at 10:45 AM EDT. By Sarah Halzack ...
Walmart is seizing control of the largest e-commerce company in India as the big-box chain's war with Amazon assumes an increasingly global dimension. Walmart confirmed Wednesday that it would pay ...
Walmart’s deal for Flipkart, one of the largest and riskiest in its history, follows a pattern of purchases over the past 18 months as it expands its footprint beyond box stores.
Walmart Inc. agreed to buy a controlling stake in India’s biggest online retailer, striking a blow against rival Amazon.com Inc. as the battle for e-commerce supremacy goes global.
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