Walmart May Launch Flipkart IPO by 2022

Walmart announced earlier this week that it will pay $16 billion for a roughly 77 percent stake in Flipkart in what is the U.S. retail giant's largest-ever deal and a move to take on arch-rival Amazon.com Inc in a key growth market.

from Top Tech News- News18.com https://ift.tt/2rDZpJ8