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May 9, 2018, 10:54 am106 pts
BetaNews
Rumors have circulated for a number of weeks, but now it's official: Walmart has just said it will spend $16 billion buying a controlling sharing in Flipkart, the Indian ecommerce site. The American retail giant fought off a last-minute bid from Amazon. The deal values Flipkart at $20.8 billion, and will see…
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