(Last Updated On: February 9, 2019)

Hello guys!!! Today I am here with the most trending topic on the internet which is Walmart Flipkart deal in the market. In this post, I will tell you in detail information about both the companies and all about Walmart Flipkart deal & Flipkart Amazon deal. 

All About Flipkart company

• Flipkart is the Indias Biggest E-commerce company. 
• This company is Founded in the year 2007 by Mr. Sachin Bansal and Binny Bansal.
• Flipkart started by selling books online & popularise the idea of buying books online.
• launches his own products under the name of Digiflip.
• It is the one of the best competitor for Amazon.
• This company has so many sponsor companies like Motorola Xioami and Microsoft.

Amazon & Flipkart Deal

• Amazon is worlds biggest E-commerce company.
•  uses so many strategies to lead up on the Internet market.
• Due to this reason, so many times company is in the loss.
• Flipkart is the main competitor for Amazon.
• Few days back Amazon gives an offer to buy 51% shares of Flipkart.
• But Flipkart rejects this offer because he wants healthy competition in market.

Walmart Flipkart deal

• Walmart is the worlds biggest store. (like DMART)
• This company has very big business in USA & China.
• This company wants to grow his business in India.
• Due to some issues, this did not happen.
• Walmart is giving the Offer to Flipkart buy 86% shares.
• Flipkart accepted this deal in 51%.
• Walmart wants to bite a chunk of the Indian retail market worth $670 billion, of which retail is $20 billion (and expected to touch 60 percent this year).
• After this deal, we can see stores of Flipkart in India.
• Due to this Flipkart start hiring freshers for jobs.

consequences of Walmart Flipkart deal

So guys I think you know all about Walmart Flipkart deal.

If you have any douts comment down below.

Happy vootpooling…