长沙U币汇率波动|【唯一TG:@heimifeng8】|长沙白资USDT收购✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Walmart buys controlling stake in India's Flipkart for $16 billion

Walmartbuys controlling stake in India's Flipkartfor $16 billionBy
Reuters Published
May 9,长沙U币汇率波动 2025

Walmart Inc has agreed to pay $16 billion for a roughly 77 percent stake in Indian online shopping site Flipkart, the U.S. retailer’s biggest foreign investment ever as it battles rival Amazon.com Inc in one of the world’s biggest emerging markets.


The remainder of the business will be held by some of Flipkart’s existing shareholders, including Flipkart co-founder Binny Bansal, China’s Tencent Holdings Ltd, Tiger Global Management LLC and Microsoft Corp, the company said in a statement on Wednesday.

The investment was more than the $10-12 billion given by sources close to the deal in the past week.

Walmart said it expected the deal to knock about 25-30 cents off its earnings in fiscal 2025, assuming the deal closes at the end of the second quarter.

t also said that the deal included $2 billion of funding from new equity in Flipkart, which could be sold to additional investors in the future, diluting the U.S. company’s overall stake.

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