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recode wrote a new post, Walmart is in advanced talks to acquire Amazon’s India rival Flipkart — but it may have to strike a deal with eBay first, on the site GoGame.com 6 years, 8 months ago
eBay last year invested around $500 million in Flipkart, taking a 5 percent stake in the business and handing over its eBay India operation in the process. The eBay obstacleThe potential obstacle for Walmart is that the eBay deal still has three years to go and is believed to cover all types of merchandise except grocery items. eBay also has the right to take back control of the eBay India brand name should Flipkart get acquired, according to one person familiar with the arrangement. Walmart has
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