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Foreign foods

31 January 2018 By Una Galani

The U.S. grocer may buy up to 20 pct of Flipkart, Amazon’s arch-enemy in India. The e-commerce firm, valued at some $12 bln, would secure a marquee backer ahead of a possible New York IPO. Walmart, which has struggled to open stores, would jump-start access to local consumers.

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