Ron Burgundy Posted September 28, 2016 Share Posted September 28, 2016 HONG KONG/MUMBAI (Reuters) - Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market. One of the sources said the U.S. retailer was looking to invest between $750 million and $1 billion in Flipkart, but the final value and size of the stake would depend on the outcome of talks about the Indian company's overall valuation. Wal-Mart in India and Flipkart declined to comment. View the full article Quote Link to comment Share on other sites More sharing options...
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