Walmart Buys Out Tiger Global’s Stake in Flipkart for $1.4 Billion: Report
[ad_1] Walmart has paid $1.4 billion (roughly Rs. 11,520 crore) to buy out hedge fund Tiger Global’s investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, 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 … Read more