Walmart said to be nearing $7b deal with Flipkart in India

Walmart said to be nearing $7b deal with Flipkart in India

Photographer: DHIRAJ SINGH/Bloomberg

Walmart Inc. is in discussions to spend about $7 billion to become the largest investor in India’s leading e-commerce company, according to people familiar with the matter, a move that would put the U.S. retailer in competition with Amazon.com Inc. in one of the most promising online retail markets.

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