Walmart says to double down on e-commerce investments in India

FILE PHOTO: Men walk past the logo of Walmart outside a store in Monterrey, Mexico February 12, 2018. REUTERS/Daniel Becerril/File Photo

Walmart Inc., the world’s largest retailer, is looking to double down on investments in its e-commerce business, hire more top tech talent from countries like India, and invest in or acquire Indian tech start-ups, amid a bruising global battle against Amazon.com Inc., even as it inches closer to a deal to acquire a majority stake in India’s largest internet start-up, Flipkart Ltd.

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