Walmart completes its $16 billion acquisition of Flipkart — TechCrunch

Walmart announced over the weekend that it has completed a $16 billion investment in Flipkart that sees it become the majority owner of the Indian e-commerce company. The deal was first revealed back in May and now it has closed after receiving the necessary approvals. It sees Walmart take a 77 percent share in the company, […]

via Walmart completes its $16 billion acquisition of Flipkart — TechCrunch

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