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C.P. Chandrasekhar
Tuesday 29 May, 2018
Walmart’s purchase of a dominant 77 per cent stake in Flipkart is reportedly the biggest acquisition in the global e-commerce area and is seen as indicative of India’s importance in the world economy.The acquisition at an unwarranted premium and valuation has been seen as a move to increase its market share that the company has lost to Amazon by utilizing the dominance of Flipkart.
 

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