Google has invested in Walmart’s Indian e-commerce operation Flipkart, which holds almost half of the market for e-commerce on the subcontinent. The Chocolate Factory’s planned role as a “minority investor” is subject to regulatory approvals, according to a Friday announcement [PDF] by the e-commerce concern. “Google’s proposed investment and its cloud collaboration will help Flipkart expand its business and advance the modernization of its digital infrastructure to serve customers across the country,” Flipkart’s missive added. While Flipkart did not specify the amount Google was investing, Reuters pegged the minority stake
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