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Walmart pays $1.4 billion to boost Flipkart stake – WSJ

07/30/2023
Less than a minute

2023.07.30 19:21


© Reuters. FILE PHOTO: The logo of a Walmart Superstore in Rosemead, California, U.S., June 11, 2020. Picture taken June 11, 2020. REUTERS/Mario Anzuoni/File Photo

(Reuters) – Walmart (NYSE:) has paid $1.4 billion to buy out a large investor in Flipkart, further cementing its control of the Indian e-commerce giant, the Wall Street Journal reported on Sunday.

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07/30/2023
Less than a minute

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