SoftBank still considering selling Flipkart stake: Reports

Japanese conglomerate SoftBank is still considering if it should sell its reported 20-22% stake in Indian e-commerce startup Flipkart to Walmart, as per reports. SoftBank CEO Masayoshi Son will take a call in the next 7-10 days, the reports added. SoftBank, which invested $2.5 billion in Flipkart last year, would sell the stake for $4 billion, reports had earlier suggested.

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