Home Business SoftBank agrees to sell its entire stake in Flipkart to Walmart

SoftBank agrees to sell its entire stake in Flipkart to Walmart

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(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

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