Walmart May Exit Flipkart Merger Due To New FDI Rule

Walmart May Exit Flipkart Merger Due To New FDI Rule: Walmart could exit Flipkart after India introduced new e-commerce rules which prevent e-commerce marketplaces from selling items from their own companies . A a Morgan Stanley report says,“An exit is likely, not completely out of the question, with the Indian e-commerce market becoming more complicated,” the report said.

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