This photo taken on May 8, 2018 shows the logo of e-commerce company Flipkart at its headquarters in Bangalore. - US retail behemoth Walmart is expected to announce May 9 that it is to buy a majority stake in India's largest e-commerce company Flipkart for around $15 billion. Walmart CEO Doug McMillon arrived in Bangalore, the Flipkart headquarters, to announce the deal which media reports said would see the American firm acquire around 70 percent of the Indian e-tailer. (Photo by - / AFP)
After temporarily suspending operations on Wednesday, Walmart-owned Flipkart on Thursday said it will resume its grocery and essentials services after assurance of safe passage of its supply chain and delivery executives by local law enforcement authorities. Amazon said it was working with government authorities to enable it to deliver essential items. Flipkart’s services were suspended temporarily on Wednesday morning as India entered into a 21-day lockdown to contain the spread of the Covid-19 pandemic.
Leave a Reply