Friday, April 19, 2019

India Presents a Huge eCommerce Opportunity for Walmart

Retail giant Walmart continues to be committed to the Indian market given the huge opportunity that the country presents.  It's been nearly a year into Walmart buying Flipkart for USD 16 billion.

We're looking at Flipkart, Walmart India, Walmart Global Sourcing and Walmart Labs.  That's a substantial presence in India.

Here is what's at stake:
[CEO Doug] McMillon is visiting at a time when Flipkart is locked in an intense battle for market leadership in India with American giant Amazon. India's richest man Mukesh Ambani has also announced ambitious plans of an e-commerce platform to tap into the country's digital shopping segment that is forecast to touch USD 200 billion in the next few years. 
Read more how Walmart is committed to India.

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