Flipkart wants to sell stake to Walmart not Amazon: Report
Indian e-commerce major Flipkart is leaning towards selling a majority stake to US-based retail giant Walmart, rather than Amazon, as per reports. Flipkart's board thinks that Walmart could close a deal more quickly and smoothly, reports added. Earlier it was reported that Amazon has offered around $2 billion as breakup fee for Flipkart's deal with Walmart.