MUMBAI: Wall Street biggie Morgan Stanley said Walmart may exit Flipkart in a similar move to what Amazon did in China if the retail giant can’t see a long-term path to profitability. The brokerage said in a report dated February 4 that “an exit is likely, not completely out of the question, with the Indian ecommerce market... read full story
"an exit is likely, not completely out of the question, with the Indian ecommerce market becoming more complicated"
Photo: Walmart stores in Canada