Flipkart back to the company for approximately US$1.1 billion, and re-launch its own Indian operations. The company stated that "there is huge growth potential for e-commerce in India and significant opportunity for multiple players to succeed in India's diverse, domestic market." Softbank Group also sold its entire 20% stake to Walmart, without disclosing terms of the sale. The acquisition was completed on 18 August 2018. Walmart also provided US$2 billion in equity funding to the company. On 13 November 2018, Flipkart CEO Binny Bansal resigned, after facing an allegation of "serious personal misconduct". Walmart stated that "while the investigation did not
Books and publishing in Pakistan through new books at a store and discovering exciting new books. Popular online bookstores include Liberty Books and Readings. Liberty Books was established in 1961, and now has eight stores in the country. They deliver to 350 cities in Pakistan. Readings was established in 2006, and now claims to be the "largest ever and ever expanding e-bookshop in Pakistan." It also boasts "the largest distribution network of imported books in Pakistan." Both online bookstores offer Cash On Delivery for items purchased. Readings also offers same-day delivery (before 1PM) in Lahore, employing a method that has been popular with global e-commerce