Flipkart Said to Be Eyeing Stake in Hotstar

Walmart’s Flipkart unit is in talks to buy a stake in Star India’s video streaming service Hotstar, the Mint daily reported on Monday, stepping up the e-commerce firm’s battle with Amazon.com by expanding into video content. Flipkart’s reported talks with Hotstar come at a time when there is high demand in the country for video streaming services like Netflix and Amazon Prime Video, which offerRead More