SoftBank wants Flipkart to wait for Amazon offer: Reports
SoftBank is convincing Flipkart's key shareholders to await an offer from Amazon before agreeing to sell a majority stake to Walmart, according to reports. Amazon has indicated to Flipkart's board that its offer will be at least 10% higher than that of Walmart, reports added. Walmart has reportedly offered to buy the stake in Flipkart for $10-12 billion.