Walmart can become India's largest e-commerce company

After purchasing India's e-commerce company, Flipkart, Walmart can become the country's largest e-commerce company. According to media reports, Walmart is in the process of purchasing more than 51 per cent stake in the company. This deal has reached the final round. It is believed that it may be announced next week. Let us know that America's retail chain Walmart has been trying to buy Flipkart for a long time. After this he will be able to give a tough fight to Amazon.com. Flipkart can sell its large stake to Walmart for $ 12 billion. If it looks at the Indian rupee, it sits at around Rs 78,000 crore. However, according to media reports, the interaction period between Walmart and Softbank has ended. Earlier, it was not clear that Softbank would also sell its stake to Walmart. Flipkart is now valued at $ 18 billion (Rs 1.19 lakh crore).