Walmart Seals The Deal With Flipkart For $16 Billion
PYMNTS
MAY 10, 2018
For its part, Flipkart walks out of the deal with a valuation north of $20 billion, a promise of $2 billion in fresh investment from Walmart and “additional potential investors,” as Walmart CFO Bret Biggs noted. It’s typical of a business like this that, as you scale up, you will have losses. What the Deal Will Mean. is known for. “As
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