Friday, November 22

How the World Reacts to the Flipkart-Walmart Acquisition Deal

The Flipkart-Walmart acquisition deal is almost completed and only details are left to be finalized. Walmart CEO Doug Macmillan and other Walmart top executives are reportedly set to reach Indian soil shortly to officially announce the completion of the deal between the brick-and-mortar giant and the Indian e-commerce company.

However, while the deal met with some optimistic reaction from users and sellers, it does not make unanimous satisfaction in the country and has hit a few hurdles already with some people looking at the deal with skepticism.

Here, we have compiled the best tweets related to the acquisition deal :

 

1. Selling a business for $15 Bn is quite an achievement though…

 

 

 

2. Flipkart is Ready for Its Big Billion Day Sale!

 

 

 

3. Well the deal made a few Indians billionaires… but ok i’m calming down

 

 

 

4. At least Flipkart bore the Indian flag, who does now?

 

 

 

5. At least someone is congratulating the Flipkart founders.

 

 

 

6. Your product is out for Delivery, Please Call…..

 

 

 

7. Some are already anticipating the coming Amazon-Walmart battle!

 

 

8. Mahajan’s contempt earned him a double feature in this article.

 

 

9. Well Sachin Bansal will surely say otherwise… he actually became billionaire

 

 

10. The deal is upsetting most users!

 

 

Conclusion

As you can see, the majority of Indians oppose to the deal and are very skeptic as to why an Indian e-commerce platform, especially India’s first unicorn digital platform is willing to be sold to another American company. Imagine, Flipkart and Amazon own almost 80% of the e-commerce market share which will now fall in American hands. Does that mean that good news for India?