In May 2018, Walmart completed its $16 billion acquisition of Flipkart, an India-based e-commerce company. This move gives Walmart a strong foothold in the Indian market. In addition to Flipkart, Walmart also owns a minority stake in the India-based online travel company, Cleartrip. These acquisitions show that Walmart is serious about expanding its operations in India. walmartowned flipkart indiabased cleartrip
In May 2018, Walmart announced that it was acquiring a 77% stake in Flipkart, an India-based e-commerce company, for $16 billion. The move gives Walmart a strong foothold in the Indian market and furthers its goal of becoming a global e-commerce leader. In addition to Flipkart, Walmart also owns a majority stake in Cleartrip, an online travel booking platform. walmartowned flipkart indiabased cleartrip
Walmart-owned Flipkart is India-based and has a majority stake in the company. It is one of the leading e-commerce platforms in India, with a wide range of products. The company has been in operation for over 10 years and has a strong customer base.
