Why did Walmart buy Indias Flipkart? - BBC Global retail giant Walmart has paid $16bn (£11 8bn) for a majority stake in Flipkart, India's biggest online retailer, making this the world's largest ever e-commerce acquisition
Walmart increases stake in Flipkart, pays $3. 5 billion to . . . US retail giant Walmart has increased its stake in Indian e-commerce subsidiary Flipkart as it paid USD 3 5 billion (around Rs 28,953 crore) to acquire shares from its non-controlling interest holders in six months to July 31, 2023
Walmart’s Majority-Owned Flipkart Launches Wholesale Business . . . With the acquisition of the Walmart India business, its employees will join the Flipkart Group and the home office teams will integrate over the next year The Best Price brand will continue to serve its 1 5 million members via its omnichannel network of 28 stores and e-commerce operations
Exclusive: Walmart’s Flipkart secures approval for direct . . . Flipkart, last valued at $37 billion in 2024 when it raised $1 billion in a funding round led by Walmart, is shifting its holding company from Singapore to India Walmart also aims to take the 17
Walmart acquires Flipkart for $16 billion in world’s largest . . . BENGALURU | NEW DELHI: US retail giant Walmart Inc will pick up a 77% stake in India’s largest online retailer Flipkart for $16 billion, successfully concluding more than 20 months of talks, in what will be the country’s largest acquisition and the world’s biggest purchase of an ecommerce company