Flipkart sets aside $400m for share buyback prior to Walmart deal: Report

Flipkart sets aside $400m for share buyback prior to Walmart deal: Report

REUTERS/Abhishek N. Chinnappa

As it inches towards a mega deal with US retail giant Walmart, Indian e-commerce major Flipkart is looking to buy back shares from small investors to regain its private limited company status in Singapore, according to a source-based report in The Economic Times.

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