Flipkart acquires Walmart India, to launch Flipkart Wholesale next month

Flipkart has announced the acquisition of Walmart India for an undisclosed amount, and said it will launch 'Flipkart Wholesale' next month, as the homegrown e-commerce major looks to tap into the USD 650 billion B2B retail market in India. Walmart India runs 28 Best Price wholesale stores in the country.

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