Walmart buys out $1.4 billion Tiger Global stake in Flipkart: WSJ
The Wall Street Journal said Walmart bought the shares from Tiger Global recently, valuing the Indian company at about $35 billion. This is down from a near-$38 billion valuation which Flipkart had attained in 2021.The U.S. retailer bought a 77% stake in Flipkart for about $16 billion in 2018
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