Wednesday 9 May 2018
Walmart’s $16 billion India investment creates two billionaires
The world’s wealthiest family has just bestowed billionaire status on two of India’s most feted tech entrepreneurs. Walmart Inc., controlled by the Walton family, led a group that bought a 77 percent stake in Flipkart Online Services Pvt. The deal valued the Indian company at about $21 billion.
You can read more here: Walmart’s $16 billion India investment creates two billionaires
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