This is what Flipkart, Walmart got from $16 bn, world's biggest e-commerce deal
Walmart’s “operational challenges” on the e-commerce front came to the fore when its fulfillment centres couldn’t handle the huge inflows of electronics, toys and some seasonal items during the holiday season leading to unfulfilled sales. Walmart has been investing heavily in e-commerce, buying portals like Jet.com and online clothing retailers Bonobos and Modcloth much like Flipkart acquired Jabong and Myntra.
Walmart buyout could be the best thing that can happen to Flipkart. And for Walmart too. Image source: Reuters