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SoftBank To Sell Flipkart Stake To Walmart, First Known Vision Fund Divestment

SoftBank did not disclose terms of the sale but this month CEO Masayoshi Son said its investment in the Indian firm was worth around $4 billion. The Vision Fund invested invested $2.5 billion in Flipkart in August last year

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iVOOMi i2 With 18:9 Display, Dual Cameras Launched In India

iVOOMi i2 runs on Android 8.1 Oreo and powered by MediaTek MTK 6739 quad-core processor coupled with 3GB RAM. It has 32GB internal storage which is expandable up to 128GB through a MicroSD card.

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Honor 10 Launched In India: Price, Specifications, And Everything You Need To Know

Priced at Rs 32,999, Honor 10 will give a tough fight to the upcoming OnePlus 6. Honor 10's design is inspired from the premium flagship P20 Pro, which also comes with a notch and a stunning glass body.

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Walmart May Launch IPO For Flipkart In As Early As Four Years

The IPO should be done at no less a valuation than that at which Walmart invested in the Indian e-commerce firm

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Walmart- Flipkart Deal Will Help Job Creation In India

The deal will benefit the Indian economy; accelerating job creation while also promoting farmers’ income and ‘Make In India’ initiative

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Walmart To Pay $16 Billion For Control Of India's Flipkart, Shares Slide

Shares of Walmart fell 3 percent. The company warned it expects the deal to reduce fiscal 2019 earnings by 25-30 cents per share if it closes in the second quarter

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Flipkart-Walmart Deal Will Remove False Dichotomy Between E-tailing And Retailing

The proposed transaction is expected to change the entire landscape of retail in India thereby forcing offline retail and ecommerce to merge into, what is now fashionably being referred to as ‘omni-channels’

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Walmart's $16 Bn Flipkart Buy Is The Biggest Deal This Year

This is also Walmart's biggest acquisition which will help it compete with its US-based rival Amazon

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Flipkart: From Modest Start To Walmart Nuptial And Everything In Between

A number of funding rounds later, Flipkart raised USD 1.4 billion from Tencent, eBay and Microsoft, followed by USD 2.5 billion investment by SoftBank Vision Fund last year

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Walmart Likely To Announce Flipkart Deal Before End Of Week

Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, the two sources familiar with the matter said, declining to be named as the talks are private

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Flipkart Approves $15 Billion Stake Sale To Walmart-Led Group

SoftBank will sell its 20-plus percent stake as part of the deal, Bloomberg said, adding Google's parent Alphabet Inc was likely to participate in the investment with Walmart

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Amazon Makes Bid To Spoil Walmart-Flipkart Deal

It was reported last month that Walmart was close to buying a majority stake in Flipkart, Amazon's biggest rival in India, for $10 billion to $12 billion

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Asus ZenFone Max Pro (M1) Pre-Order Begins; Price Starts From Rs 10,999

It is available in two RAM+Storage configurations- 3GB+32GB and 4GB+64GB which are priced at Rs 10,999 and Rs 12,999, respectively.

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