" Global retail giant Walmart has paid $16bn (£11.8bn) for a majority stake in Flipkart, India's biggest online retailer, making this the world's largest ever e-commerce acquisition. " -Says BBC BBC adds, Flipkart, founded in 2007 by Sachin Bansal and Binny Bansal (no relation), is India's biggest e-commerce company and has had high-profile investors including Microsoft, Tencent and Softbank. Why did Walmart spend so much on Flipkart? "India is one of the most attractive retail markets in the world, given its size and growth rate," Walmart's president and CEO Doug McMillon said in a statement. Walmart is betting on the fact that India's e-commerce market, pegged at a modest $38bn in 2017, is expected to grow up to $200bn by 2027. E-commerce currently makes up less than 4% of the retail market in India, but that's predicted to change as the number of Indians using smartphones (and the internet) increases rapidly in the next ...
The concept of the free world is not new. It is a world which is free from the socital boundaries. It was first widely employed in World War II to describe the countries resisting the fascist states. In 1941, the internationalist, and strongly anti-fascist, Free World Association published a monthly magazine called Free World. ( read this article on The Atlantic here ) The New Age Free Word is Being Free from Social Complications "WE HAVE THE RIGHT TO LIVE FREELY – WE SHALL AS WELL USE IT" Now, what do I mean with Fuck society? Why am I saying such radical thing? It’s simple – you wouldn’t read this if I’d say “some of the society’s expectations and rules are bullshit” – so I tell you to not give a single Fuck instead. There is no need to be told who you are and how you should be behaving. Want to wear socks with your sandals? Go for it! Want to dance like no one is watching when waiting for the bus? Hell Yes, Girl! Don’t want to have a ...