Whoops: SoftBank CEO reveals Walmart has acquired Flipkart

Here’s one way to make sure Amazon doesn’t get control of Flipkart in India by outbidding you for a majority stake: buy it outright. Today during SoftBank’s earnings presentation, it looks like CEO Masayoshi Son slipped in a little scoop: he announced that Walmart, the world’s largest retailer, on Tuesday night reached a deal to … Continue reading Whoops: SoftBank CEO reveals Walmart has acquired Flipkart