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Walmart may enter online retail in India

The retail giant tries to strengthen its e-commerce presence, sensing competition globally

American retail giant Walmart is learnt to be actively exploring the online space in India. It was in talks with some leading e-commerce companies in India for partnership possibilities, sources close to the development said. Walmart, however, said the information was “completely speculative”. The world’s largest retail company, with global revenue of $400 billion, is currently trying to strengthen its e-commerce operations in the US and other international markets, sensing competition from online competitors, including Amazon. In recent months, Walmart has been acquiring ...