19 March 2018 – Walmart Discusses Investing $7bn in Flipkart

Deals Big-box retailer Walmart has entered discussions to invest roughly $7bn in India-based e-commerce company Flipkart at a valuation of about $20bn, Bloomberg reported on Friday, citing people familiar with the matter. JD.com’s financial services spinout, JD Finance, has entered talks with China National Cereals, Oils and Foodstuffs Corporation to lead a $2bn funding round … Continue reading "19 March 2018 – Walmart Discusses Investing $7bn in Flipkart"