With Walmart (WMT) confirming a USD$16bn investment in Flipkart will the retail giant make up ground on e-commerce giant Amazon (AMZN)? Amazon dominates the US e-commerce market however its presence is not quite felt in Emerging Markets. Walmart's historic deal, effectively capturing India's e-commerce market may allow the company to have an advantage of Amazon. Emerging markets are shifting towards e-commerce and now one may question whether Amazon's Whole Foods acquisition with the opportunity cost possibly being Flipkart.
Submitted May 09, 2018 at 10:13AM by QuantalyticsResearch https://ift.tt/2FZSFcT
