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Walmart sales reached US$500.3 billion last year, an increase of $14.5 billion, or 3 per cent. But that failed to excite shareholders, with the share price shedding 10 per cent of its value immediately after the announcement. Arguably, the world’s largest…
Wal-Mart Stores is seeking to pay as much as US$1 billion for a share of India’s Flipkart Online Services to counter Amazon’s foray into the fast-developing eCommerce market. Under a proposed agreement, reported by both Bloomberg and the Wall Street Journal,…
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