Tag: ‘walmart
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Walmart: ‘Walmart buys out $1.4 billionTiger Global stake in Flipkart’
[ad_1] BENGALURU: Walmart has paid $1.4 billion 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. The transaction brings the value of the e-commerce firm to $35 billion from nearly $38 billion after it sold its…