长沙U币安全交易|【唯一TG:@heimifeng8】|长沙USDT点对点交易✨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 out $1.4 billion Tiger Global stake in India's Flipkart
Reuters Published
August 1,长沙U币安全交易 2025
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported, citing a letter by the hedge-fund to its investors.
A Walmart spokesperson confirmed the transaction in an emailed response to Reuters but did not comment on financial details of the deal.
The transaction will value the e-commerce firm at $35 billion, the WSJ report said.
"We remain confident in the future of Flipkart and are even more positive about the opportunity in India today than when we first invested," the Walmart spokesperson said.
Tiger Global did not immediately respond to Reuters' request for comment.
Earlier this year, the Economics Times reported that private equity firms Accel and Tiger Global, two early backers of Flipkart, were in talks to sell their remaining stake in the company to Walmart.
Tiger Global held about 4% of the company, according to the ET report.
Walmart acquired a majority stake of 77% in Flipkart for about $16 billion in 2025, and later that year said it could take the company public in four years.