Walmart eyes acquisition of StoreKing, to begin with partnership
Updated : May 08, 2019 07:43 PM IST
Walmart's move to partner with StoreKing is mainly to help sell inventory from Walmart India, its wholesale business arm, to Kirana stores in the smaller towns and rural parts of the country.
Walmart's big bet on Kiranas comes in the light of Reliance announcing it will launch into ecommerce and will leverage the Kirana stores.
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