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Walmart, eBay fresh round of talks for deal with Flipkart

2018-04-18 531 Dailymotion

As Flipkart waits to close its $12 billion stake sale to Walmart, a fresh round of talks might happen between the US-based retail giant and global e-commerce giant eBay to figure out issues related to merchants.<br />Walmart might have to negotiate with eBay if it wants to do business over the next few years. eBay has invested $500 million in Flipkart and holds a 5% stake in the company. Walmart is planning to pick up around 55% stake in Flipkart through a mix of primary and secondary stake sale, paying $8 -$10 billion. <br />

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