Walmart-Flipkart $16 bn deal: All your important questions answered here

How big is the deal, who will benefit, who has opposed it, and what comes next? Business Standard answers key questions on the Walmart-Flipkart deal

US retailer Walmart Inc said on Wednesday it will pay $16 billion for roughly 77 per cent stake in e-commerce firm Flipkart, as it competes with Amazon Inc in India, which is an important growth market. 

With the deal done, Flipkart co-founder Sachin Bansal will be exiting the Bengaluru-based company. According to his Facebook post addressing Flipkart employees, Bansal plans to catch up on gaming and brush up his coding skills. 

Before the deal went through, Amazon had expressed its interest in making a competing offer. Citing Euromonitor, Reuters reports that Amazon holds about 27 per cent of India's burgeoning