Morgan Stanley has a 'warning' on Walmart

MUMBAI: Wall Street biggie Morgan Stanley said Walmart may exit Flipkart in a similar move to what Amazon did in China if the retail giant can’t see a long-term path to profitability. The brokerage said in a report dated February 4 that “an exit is likely, not completely out of the question, with the Indian ecommerce market becoming more complicated”. The report comes

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