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Tag Archives: walmart

South Africa’s Naspers sells its 11.2% stake in Flipkart to Walmart for $2.2 billion

South African Internet giant, Naspers today announced the sale of its 11.18% stake in Indian e-commerce company Flipkart, to US-based retailer Walmart for $2.2 billion (USD). Naspers, which initially invested into Flipkart in August 2012, made a cumulative investment of $616 million up to the

Best Black Friday Deals And Where To Get Them

Black Friday is the day following Thanksgiving Day in the United States (the fourth Thursday of November). Since 1952, it has been regarded as the beginning of the Christmas shopping season in the U.S., and most major retailers open very early (and more recently during overnight hours) and offer

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South Africa’s Naspers sells its 11.2% stake in Flipkart to Walmart for $2.2 billion

Best Black Friday Deals And Where To Get Them