BANGALORE: Retail giant Wal-Mart’s new social media arm, WalmartLabs, will open a software development centre in this southern Indian city by the end of this year, a company executive said.
Wal-Mart entered into a retail joint venture with Indian firm Bharti Enterprises in August 2007 and currently operates eight stores in the country, as it awaits a potential change in regulations to allow foreign firms to own supermarkets.
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