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
Athena (retailer) retailer. Athena (retailer) Athena is a British art retailer and retail chain, which was founded in 1964. Today it sells fine art prints from a variety of UK artists. However it is best known for its iconic posters such as "L'Enfant" (a picture of a muscular man cradling a baby), The Lord Of The Rings from 1976 by Jimmy Cauty, the Tennis Girl poster from 1976 and "Beyond City Limits," published in the 1990s. The company's popular success divided opinion amongst intellectuals and art critics who were uncertain as to whether these works were too vulgar and populist to be