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
Forwarded from ๐ฐ [ ix daily ]
Tech, Media, and Business News Headlines โ Day 3
๐ #Intel is in talks to acquire #Moovit for ~$1B (link)
๐ #Uber to require masks or face coverings for drivers and passengers in certain markets (link)
๐ Security lapse at #Indiaโs #Jio exposed #coronavirus symptom checker results (link)
๐ #Amazon, #Flipkart, #Ola and #Uber begin to resume their services in #India (link)
๐ #UberEats exits seven markets (link)
๐ The 13-inch #MacBook Pro gets #Appleโs much-improved keyboard (link)
๐ Poynter Instituteโs International Fact-Checking Network launches chatbot on #WhatsApp to debunk thousands of #coronavirus-related hoaxes (link)
๐ฐ @iXDaily by @PerspectiveIX
๐ Weekly Newsletter.
๐ #Intel is in talks to acquire #Moovit for ~$1B (link)
๐ #Uber to require masks or face coverings for drivers and passengers in certain markets (link)
๐ Security lapse at #Indiaโs #Jio exposed #coronavirus symptom checker results (link)
๐ #Amazon, #Flipkart, #Ola and #Uber begin to resume their services in #India (link)
๐ #UberEats exits seven markets (link)
๐ The 13-inch #MacBook Pro gets #Appleโs much-improved keyboard (link)
๐ Poynter Instituteโs International Fact-Checking Network launches chatbot on #WhatsApp to debunk thousands of #coronavirus-related hoaxes (link)
๐ฐ @iXDaily by @PerspectiveIX
๐ Weekly Newsletter.