Post #1266

​​🇮🇳Why Walmart bought Flipkart On Wednesday, #Walmart said it planned to acquire a 77 percent stake in India’s #Flipkart for $16 billion, marking the beginning of its first real battle with #Amazon in an emerging market. Wall Street investors did not react favorably to the move, sending Walmart shares down as much as 4 percent during the day. 🚀@PerspectiveIX 📖 via RECODE: https://prs.pctvix.co/2rzWDob