SoftBank offers to buy Flipkart shares at up to $10b valuation

SoftBank offers to buy Flipkart shares at up to $10b valuation

Photo: REUTERS/Abhishek N. Chinnappa

Japanese telecom and internet conglomerate SoftBank Group Corp. has offered to buy shares from investors and former and existing employees of Flipkart Ltd, valuing the e-commerce marketplace at $9-10 billion, three people familiar with the matter said.

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