date:Jul 30, 2020
ian wholesale business
Flipkart said it had acquired parent Walmart Incs local cash-and-carry business, as the e-commerce firm strengthens its wholesale offerings to compete better with Amazon.com Inc. The deal will allow Flipkart to launch a digital marketplace called Flipkart Wholesale next month, the Bengaluru-headquartered firm said, without disclosing any financial details of the deal.
Source: in.reuters.com
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