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mathnmusic
6y ago
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Actually Walmart struck gold because along with Flipkart, they got PhonePe which is currently valued around 10B $:
https://dailyfintech.com/2019/11/08/walmart-hits-gold-with-i...
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blntechie
6y ago
PhonePe has not made any money so far as well and its valuation itself is questionable. But word is Walmart is looking into hiving off PhonePe from Flipkart and reduce its stake in PhonePe when sun is shining.
geodel
6y ago
Ah, thanks for the link. I was totally unaware of this development.
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