Walmart buys controlling stake in India's Flipkart for $16 billion(Reuters) - Walmart Inc has agreed to pay $16 billion for a roughly 77 percent stake in Indian online shopping site Flipkart, the U.S. retailer's biggest foreign investment ever as it battles rival Amazon.com Inc in one of th…Read More
Walmart acquiring India's Flipkart, says SoftBank's SonTOKYO (Reuters) - U.S. retail giant Walmart Inc is acquiring Indian e-commerce player Flipkart, the chief executive of one of Flipkart's biggest shareholders, SoftBank Group , said on Wednesday.
from Reuters: Business Ne…Read More
Adidas sees ongoing sourcing shift from China to VietnamBERLIN (Reuters) - The chief executive of Adidas expects a shift in its sourcing of footwear from China to Vietnam to continue although he shrugged off concerns on Wednesday about the possible imposition of U.S. tariffs on Ch…Read More
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