Unlike Amazon Prime, Flipkart Plus is free of cost.
According to Walmart’s filing to the US Securities and Exchange Commission, they could invest $3 billion more in Flipkart.
Charles Fishman, an American journalist, has been closely tracking Walmart in the United States for over a decade.
According to Masayoshi Son, the chief executive of SoftBank, they are expecting returns of about $4 billion from the Flipkart-Walmart deal.
Walmart has been trying to capture major share in Indian markets for a long time, at last they succeeded through the deal with Flipkart.