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Follow on Google News | Walmart nails deal with FlipkartBy: Spire Reserch and Consulting With India's e-commerce sector set to grow four times by 2023, Walmart is looking at supporting Flipkart's ambition to become a publicly-listed subsidiary in the future. However, the revenue growth rate for Flipkart in 2016-17 was only 29%, a far cry from the 50% growth rate of the previous year. Will Walmart's deal with Flipkart create an Indian Taobao? Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects. These projects integrate traditional customer research with knowledge of the broader business eco-system; for instance, competitors, channels, legal and regulatory factors. They support strategic decision-making for market growth and entry. Our studies provide indispensable tools for creating business plans, setting sales quotas, quantifying budgets and investment as well as making product launch decisions. Spire exists to undertake such projects with distinction. https://www.spireresearch.com/ End
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