Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders. But what does this really mean?
This shows how aggressively Walmart is trying to expand its influence and market share, especially in the e-commerce sector.
With this investment, it looks like Walmart is ready to take on other major players in the e-commerce world.
Only time will tell if this investment will pay off, but it’s clear that Walmart is willing to take big risks to secure its position in the market.