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Walmart Inc.’s WMT global strategy relies heavily on its investments in key markets like China and India, with Flipkart ...
Convenience is essential in successful retail around the globe. Walmart knows this and continues to make significant ...
Walmart also aims to take the 17-year-old company public. Walmart bought a controlling stake in Flipkart in 2018, which also gave it ownership of PhonePe, a fintech firm also preparing for an IPO.
The high-level meeting comes weeks after Moneycontrol reported that Flipkart has begun groundwork to shift its base back to ...
The development coincides with Flipkart’s larger strategic transformation. The Walmart-backed retailer is relocating its holding company from Singapore to India and is preparing for a stock ...
Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.
Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.