With the Competition Commission of India (CCI) giving its nod to Walmart acquiring 77 per cent stake in Flipkart for $16 billion, the ball for collaborations between the US retail giant and the country's largest e-commerce player has begun rolling.
Prior to the announcement of the deal, which happened in May, both companies had extensive discussions on how they could leverage each other's strengths. Several people Business Standard spoke to suggested that Walmart's investment in Flipkart isn't only about growing in India but also to leverage it to start winning in online retail across the globe.
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