Walmart in talks to buy more than 40 percent of India's Flipkart: sources

MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday.

from Reuters: Business News http://ift.tt/2Gi1PSo