Walmart becomes SoftBank of ecommerce startups


VCJ Venture Flipkart Walmart guest column
The logo of India's ecommerce firm Flipkart is seen on the company's office in Bengaluru, India, April 12, 2018. REUTERS/Abhishek N. Chinnappa
By Rohit Kulkarni, SharesPost Walmart paid $16 billion for a 77 percent majority stake in Indian ecommerce leader Flipkart, implying an exit valuation of $20.8 billion. Flipkart is not only Walmart’s largest acquisition to date, but also the largest ever ...

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