Indian sellers to sell on Walmart post Flipkart deal: Binny
While talking about the immediate synergies between Walmart and Flipkart, Indian e-commerce firm's Co-founder Binny Bansal said, "We'll be looking at Indian sellers selling on different Walmart properties across the globe." Bansal added the US retail giant wants Flipkart to expand, as e-commerce makes only 2.5% of the whole retail market. Walmart will acquire 77% Flipkart stake for $16 billion.