ABOUT THE TWO

It may not make much sense for the American brick-and-mortar giant, with significant online ambition, to pick a minority stake in Flipkart at the valuation it commands, a source said The talks between the two could be for other strategic tie-ups, rather than a stake deal, another source said Many analysts have pointed out that there’s a reason for Walmart to gain traction in the online market in India Walmart has been in negotiations with several e-com firms, including Shopclues and Snapdeal, for presence across online platforms The biggest trigger is Alibaba finalising its direct India foray