Walmart boosts stake in India's Flipkart: Report

Yahoo Finance Video
1 年前

Walmart is investing another $1.4 billion in Indian e-commerce company Flipkart, by buying out the remaining shares held by Tiger Global, according to a report from the Wall Street Journal. In 2018, Walmart paid $16 billion to purchase a 77% stake in Flipkart. Yahoo Finance Live breaks down the report.