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Walmart decided to invest Rs. 6700 Crores in Flipkart

Walmart decided to invest Rs. 6700 Crores in Flipkart

Walmart has decided to invest Rs. 6700 Crores with Flipkart. So that they may compete with Amazon together. Both companies shall gain, If this deal is finalized.Flipkart needs money to remain at No. one position in the country and Walmart may effectively compete with Amazon.