Date: 2018-05-09 15:43:25
Flipkart to get sold to Walmart confirms Softbank son on Wednesday. The Walmart and Flipkart deal was locked on Tuesday night Japan time(Source: Reuters).
Softbank will be selling all its Flipkart share to Walmart. softbank invested $2.5 billion in Flipkart and now their total share is around for $4 billion (source: Bloomberg).
Alphabet inc google parent company also likely to purchase some stake in the e-commerce business with Walmart. Sachin Bansal will sell off his 5.5% share which is valued at around $1 billion (source: Mint).
Flipkart an e-commerce platform was founded in 2007 in Bengaluru and started by Sachin Bansal and Binny Bansal who were the ex-employees of Amazon.
'Bigg Boss 14 Is Too Boring', Says Vindu Singh, Yuvika Chaudhary & Other Ex Contestants.
My Girl, Even If You Have A Desi Look, Be Confident, Let Them Be Jealous Of You.
©To Clap2Ram Media (TabloidXO™)
Few Minutes To Go For Sonam Kapoor And Anand Ahuja To Get Married, Here Are The Images From The Venue
After Watching Deadpool And Spiderman Dance On Ranveer Singh Khalibali Song, You Will Shake Your Legs Too
Introducing Peachpreet Khamba, The Punjabi Doggy On Instagram Who Can Talk Punjabi & Who Can Walk Punjabi
Phunsukh Wangdu Aka Sonam Wangchuk To Help Indian Army Build Solar Huts To Keep Jawans Warm In Icy Weather