Walmart acquiring flipkart will have long term impact ecommerce business. And this is confirmed that Wallmart has signed biggest ever ecommerce deal.
Wallmart Flipkart deal
Wallmart Flipkart deal got closed at $16 billion because of this now Wallmart owns 77% stake in the company. 77% also means Wallmart will now control all strategic decision.
Impact of Walmart acquiring flipkart
Impact of Walmart acquiring flipkart will be long term. Therefore industry has to keep a close eye on this merger.
No of employees in Flipkart impacted
Total no of employees in flipkart as of current date is more than 30,000 as per their Wikipedia page information. All these employees will be now working with Wallmart. However it is too early to talk about any job cuts but soon we can expect shifting people or job cuts in management of Flipkart.
Impact of Walmart Flipkart deal on business
Impact of Walmart Flipkart deal on business is going to be very deep especially to small vendors. Wallmart may launch their own brands at rock bottom prices which may shake business of many small business owners in India. This is just an estimate but we have seen this in Wallmart policies before.