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  2. Walmart pays $1.4 billion to buy Tiger Global's remaining ...

    techcrunch.com/2023/07/30/walmart-flipkart-tiger...

    Flipkart was valued at $37.6 billion in a funding round in 2021, but has since internally cut its worth by about $5 billion following the split of payments startup PhonePe. Walmart, which paid $16 ...

  3. Walmart pays $3.5B to increase stake in India’s Flipkart

    techcrunch.com/2023/09/02/walmart-has-spent-3-5...

    The $3.5 billion spending took place in the first six months of 2023, Walmart disclosed for the first time in an SEC filing Friday. Walmart’s ownership in Flipkart now stands at about 80%. Some ...

  4. Most secondary sales won't look like Tiger's Flipkart deal ...

    techcrunch.com/2023/08/05/secondary-venture...

    To recap, Walmart is already a majority shareholder in Flipkart, and this new deal valued the online marketplace at $35 billion, a minor 7% valuation haircut from its last publicly announced ...

  5. Flipkart - Wikipedia

    en.wikipedia.org/wiki/Flipkart

    In 2017, Flipkart sold 1.3 million phones in 20 hours on 21 September during its Big Billion Days promotion, doubling the number sold on the first day of the same event in 2016. [39] Flipkart held a 51% share of all Indian smartphone shipments in 2017, overtaking Amazon India (33%). [40]

  6. Flipkart and PhonePe could be $100 billion businesses in ...

    www.aol.com/news/flipkart-phonepe-could-100...

    Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an ...

  7. Exclusive-IPOs of Walmart's Flipkart, PhonePe could take ...

    www.aol.com/news/exclusive-ipos-walmarts...

    Walmart's Flipkart marketplace and PhonePe payments operations in India could be $100 billion businesses, buoyed by strong growth, the retailer's chief financial officer said a year ago at an ...

  8. Walmart readies another $2.5 billion investment in India's e ...

    techcrunch.com/2023/01/25/walmart-readies...

    Walmart, which missed the e-commerce race in the U.S., has coughed up over $20 billion on Flipkart and PhonePe to buy the lion’s share in India’s e-commerce and payments markets. Flipkart ...

  9. Google invests $350M in Indian e-commerce giant Flipkart

    techcrunch.com/2024/05/24/google-invests-350...

    The Google investment is part of a nearly $1 billion funding round that Flipkart kicked off in 2023. Walmart has led the round, having invested $600 million in it late last year. (Microsoft is ...

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