Walmart merging wholesale clubs into Flipkart in India
July 23, 2020
Walmart is combining its Best Price Modern Wholesale stores in India with its Flipkart e-commerce venture in the Asian nation. The retailer operates 28 warehouse club-style locations in the country. Walmart, which acquired a 77 percent stake in Flipkart in 2018, led an investment round last week that gave it even more control.
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