This content is restricted to site members. If you are an existing user, please log in. New users may register below.
SoftBank agrees to sell its entire stake in Flipkart to Walmart
(G.N.S) DT.22 New Delhi After weeks of deliberation, SoftBank has agreed to sell its entire 21% stake in Indian ecommerce major Flipkart to Walmart. SoftBank’s Vision Fund invested nearly $2.5 billion in Flipkart last year and with the Walmart-Flipkart deal, this investment is expected to double its returns. SoftBank has