โโ๐ฎ๐ณ Why Walmart bought Flipkart
On Wednesday, #Walmart said it planned to acquire a 77 percent stake in Indiaโs #Flipkart for $16 billion, marking the beginning of its first real battle with #Amazon in an emerging market. Wall Street investors did not react favorably to the move, sending Walmart shares down as much as 4 percent during the day.
๐ @PerspectiveIX
๐ via RECODE: https://prs.pctvix.co/2rzWDob
On Wednesday, #Walmart said it planned to acquire a 77 percent stake in Indiaโs #Flipkart for $16 billion, marking the beginning of its first real battle with #Amazon in an emerging market. Wall Street investors did not react favorably to the move, sending Walmart shares down as much as 4 percent during the day.
๐ @PerspectiveIX
๐ via RECODE: https://prs.pctvix.co/2rzWDob