Walmart acquired a 77% stake in Flipkart for $16 billion, valuing the Indian e-commerce company at $20.77 billion. This represents the largest acquisition of an e-commerce company. Sachin Bansal sold his 5.5-6% stake but Binny Bansal will remain as CEO of Flipkart. Walmart wanted to increase its stake to 85% to enter and capture the rapidly growing Indian market and compete with rival Amazon. Flipkart holds the majority of Indian consumers and has a strong supply chain network serving over 800 cities daily.

1. WORLD’S LARGEST ACQUISITION OF
E-COMMERCE COMPANY

3. ABOUT THE DEAL
 US based world’s largest retailerWalmart
has officially announced that it would buy 77% of
stake in Flipkart for $16 billion .
 A world’s largest mergers & acquisitions , which
value the Indian ecommerce major at $20.77 billion.
 Where Sachin Bansal co-founder of flipkart leaves
his holding by selling its stake of 5.5-6%
 Whereas Binny Bansal co- founder of flipkart will
continue in Walmart flipkart group as CEO

4.  Recent news is thatWalmart wanted to
increase it stake by investing $3bn. More and
acquire 85% stake .

6. REASONS WHY WALMART
ACQUIRED FLIPKART !
 Walmart wanted to enter and capture Indian
market .
 As Indian ecommerce market has shown a
rapid growth from recent years .

8.  Flipkart hold the majority of Indian consumers
and has lot of potential .
 Supply chain arm of flipkart is the best i.e. ekart
which serves more than 800 cities and does
50,00,000 deliveries daily .
 And the biggest reason which the investors said
was to compete with the rival firm Amazon .

10. video
 https://youtu.be/CPWnWAuaFBk
 https://youtu.be/J_atTMXo8fw