The story of Walmart, who bought the country's largest e-commerce Flipcart 

With Wal-Mart's largest acquisition so far, e-Commerce is the largest deal in the region. Walmart will help the company to get into the e-commerce area with the fastest growth of this deal.

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New Delhi: Flipkart, the country's largest e-commerce company, has made the world's largest e-commerce deal. Walmart, a US-based company, has given a formal announcement to buy 77 percent of the major Indian online giant Flipkart, for nearly $ 16 billion (Rs 1.07 lakh crore). This is the biggest deal in the e-commerce area, with Walmart being the largest acquisition so far. Walmart will help the company to get into the e-commerce area with the fastest growth of this deal.

Walmart President and Chief Executive Officer Doug Macmillan said on this occasion, 'India is the most attractive retail market in the world. Its size and growth rate and our investment is the opportunity of partnership with the company that is leading the e-commerce change. " Wal-Mart said in a statement, "Walmart's investment involves a new investment of $ 2 billion, which will increase the speed of Flipkart in the future.

Walmart India:

• Wal-Mart entered the domestic market in 2007 with a joint venture with Bharti Enterprises. It opened the first store in Amritsar in May 2009.


• Wal-Mart India becomes the wholly-owned unit of Wal-Mart Inc. in 2014.


• Wal-Mart India has 21 Omni stores, named after the best price in nine states of the country.


• The company said that the number of its members has crossed 10 lakh in the country.


• The company started the first fullfillement store in Mumbai.


• In addition to the cash and carry business, Wal-Mart introduced the Global Sourcing Center and Walmart Labs in November 2011.

Only 14 percent of the over 40 million Internet users in the country buy online. It is estimated to be 50 percent by 2026. Walmart is expected to get a fair market share from Flipkart's shopping.