Walmart seeks to avoid China-like missteps in India with Flipkart deal

Walmart seeks to avoid China-like missteps in India with Flipkart deal

A customer with a shopping cart checks his shopping list at a Walmart India Pvt. Best Price Modern Wholesale store in the town of Zirakpur on the outskirts of Chandigarh, Punjab, India, on Tuesday, June 10, 2014. Photographer: Udit Kulshrestha/Bloomberg

Walmart Inc. lost out in China by betting on the wrong horse. In India, the retailer is prepared to pay up to secure the top steed.

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