Exclusive: Walmart close to buying majority of India's Flipkart

HONG KONG/MUMBAI (Reuters) - Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two people with direct knowledge of the matter said.

from Reuters: Business News https://ift.tt/2vdmdne