Walmart vs Amazon In India: Will Consumer Be The King?
PUBLISHED ON: May 9, 2018 | Duration: 19 min, 16 sec
US retailer Walmart Inc has acquired the controlling stake in one of the India's biggest e-commerce firm, Flipkart for about $16 billion. The deal for 77% stake in Flipkart is the biggest e-commerce acquisition till date. Now, India has three global retailers - Walmart, Amazon and Alibaba - all competing with each other. Tonight, on reality check we discuss what this deal means for start-ups in the country?