An alliance with Walmart would give Flipkart additional capital and retail muscle to fight back against the rising competition. The e-commerce battle in India has intensified in the past year as global competitors have zeroed in on the country’s potential — and market leader Flipkart. “Walmart will make Flipkart a stronger rival to Amazon,” said Arvind Singhal, chairman of the New Delhi-based retail consultancy Technopak Advisors Pvt. An alliance with Walmart would give Flipkart additional capital and retail muscle to fight back against the rising competition. Walmart has few choices to expand in the market beyond Flipkart, with Amazon on one side and Alibaba on the other.
Source: Mint February 09, 2018 05:26 UTC