Manish Singh / TechCrunch:

Filing: Walmart spent $3.5B in H1 2023 to fix PhonePe shareholder liabilities and buy Flipkart shares from Tiger Global and others, growing its stake to ~80%  —  Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities …

Manish Singh / TechCrunch:

Filing: Walmart spent $3.5B in H1 2023 to fix PhonePe shareholder liabilities and buy Flipkart shares from Tiger Global and others, growing its stake to ~80%  —  Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities …

Source: TechMeme
Source Link: http://www.techmeme.com/230902/p5#a230902p5