What the Walmart-Flipkart Deal Means for India

Walmart’s recent acquisition of a majority stake in Flipkart, the giant India-based marketplace, will likely reshape ecommerce in that country. Protestors include small businesses and trade unions. The Indian ecommerce market is growing quickly thanks to smartphone penetration and fast internet. Overall ecommerce revenue in India is projected to reach $64 billion by 2020 from …

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