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Walmart, eBay fresh round of talks likely for $12 bn deal with Flipkart

Flipkart is allowed to sell merchandise from certain merchants at eBay for four years

Flipkart
The logo of Flipkart is seen on the facade of the company's headquarters in Bengaluru

As Flipkart waits to close its $12 billion stake sale to Walmart, a fresh round of talks might happen between the US-based retail giant and global e-commerce giant eBay to figure out issues related to merchants. According to a recent article in Recode, Walmart might have to negotiate with eBay if it wants to do business over the next few years. eBay has invested $500 million in Flipkart and holds a 5 per cent stake in the company. Under the deal, Flipkart is allowed to sell merchandise from certain merchants at eBay for four years. Walmart, which has competing merchants in ...