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Does Walmart See an IPO in Flipkart’s Future?

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Walmart may be preparing to sell approximately 25 percent of its stake in Flipkart amid plans for the Indian e-commerce giant to file an initial public offering (IPO) in the U.S., according to a report from Indian business publication Mint. Walmart has hired Goldman Sachs to assist with the listing, the report said. “An IPO…

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