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Walmart might make another huge move to beat Amazon (WMT, AMZN)

Walmart is fighting back against Amazon's e-commerce dominance — and it's enlisting help from the startup world to do it. The retail giant is reportedly in talks to invest up to $1 billion in Flipkart, India's largest online retailer, according to a new report from Bloomberg's Saritha Rai. Flipkart, which is valued around $15 billion, sells everything ranging from electronics to apparel to housewares online.
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