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Google parent may buy Flipkart stake for $2 bn: Reports
short by Aditi Verma / on Friday, 27 April, 2018
Google's parent company Alphabet may buy a minority stake in Indian e-commerce major Flipkart for nearly $1-2 billion, as per reports. The development comes amid reports suggesting that the US-based retail giant Walmart may acquire a controlling stake in Flipkart for at least $12 billion. Alphabet will invest the amount after Walmart's acquisition, reports added.
read more at Inc42