Amazon.com Inc has made a formal offer to purchase a 60% stake in Indian online retailer Flipkart, CNBC investigated Wednesday, referring to sources.
Amazon additionally offered Flipkart a separation expense of $2 billion and is probably going to be comparable to Walmart Inc’s offered for the e-commerce business organization, CNBC TV-18 detailed.
Reuters in April revealed that Walmart was probably going to achieve an arrangement to purchase a dominant part stake in Flipkart before the finish of June.
Agents at Amazon, Flipkart and Walmart were not quickly accessible for input.
