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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-h
by mathnmusic 7y ago
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-india-payments-as-phonepe-valued-at-10-billion/ https://dailyfintech.com/2019/11/08/walmart-hits-gold-with-i...
- geodel 7y agoAh, thanks for the link. I was totally unaware of this development.
- blntechie 7y agoPhonePe 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.