Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion
The transaction took place at an enterprise valuation of around $35 billion New Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of the development said. The e-commerce firm Flipkart was valued at $37.6 billion during the last funding round…
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