Why does Walmart keep pumping soo much money even with unnecessary things with Flipkart?
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Migrating PhonePe to India 1B $ in useless tax
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Like that stupid separation of PhonePe from Flipkart ~0.7B $
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Now this 3.5B$ just to increase its stake when it was already a majority owner! What's going on?
Maybe, Taking on Reliance retail and Amazon in India? Tech infra for Walmart (random guess) 100% or ownersh...
You need to read more on PhonePe IPO plans and mandates associated with going public in Indian markets. Calling somet...
India is going to be the major consumer economy after US in 5-10 yrs. Reliance has already pumped a few 100 billions ...