Walmart’s Flipkart Is in Talks to Buy Indian Supermarket Chain
Flipkart, the Walmart-owned e-commerce site in India, is reportedly in talks to buy Namdhari’s Fresh, an Indian grocery chain. Namdhari’s has more than 30 stores in the southern city of Bengaluru. The purchase would help Flipkart expand its grocery and food segment.
Both companies had held talks, one source familiar with the matter told Reuters, adding that it was not immediately clear if it would result in a deal.
Read more at Reuters.