Walmart will boost Flipkart with $3 bn to challenge rivals

By Anirudh Laskar

  • 26 Oct 2022
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Credit: Reuters

Flipkart, the e-commerce platform operated by Walmart Inc., is considering raising $2-3 billion at a valuation of more than $40 billion to expand its product range in India and challenge rivals, two people with direct knowledge of the matter said.  “Walmart may prefer to bring strategic investors into Walmart-Flipkart through this ......

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