20-April-2024
Corporate News
 
Flipkart in final stages of consolidating Walmart India within its wholesale business
28-Nov-2020

Flipkart Wholesale on Thursday said it is in final stages of consolidating Walmart India within its operations, and has extended offers to all employees of Walmart India’s Home Office to join the digital business-to-business (B2B) marketplace. In July, Flipkart announced the acquisition of Walmart India for an undisclosed amount, and launch of ‘Flipkart Wholesale’ to tap into the USD 650 billion B2B retail market in India.

News Source:- https://www.financialexpress.com/industry/sme/flipkart-in-final-stages-of-consolidating-walmart-india-within-its-wholesale-business/2137518/