Tag: Walmart Investment

World’s largest eCommerce deal – Flipkart-Walmart Deal confirmed

flipkart-walmart deal

The much-awaited Flipkart-Walmart deal is now official. US retail giant Walmart has picked upĀ  77 percent stake in Flipkart for $16 billion, valuing it at $20 billion. With this move, it becomes the world’s largest retail deal. The Flipkart-Walmart investment also includes $2 billion of new equity funding. While the remaining stake will be held …

Continue reading

Visit blogadda.com to discover Indian blogs