🇮🇳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
Tech, Media, and Business News Headlines—Day 3
👉#Intel is in talks to acquire #Moovit for ~$1B (link)
👉#Uber to require masks or face coverings for drivers and passengers in certain markets (link)
👉 Security lapse at #India’s #Jio exposed #coronavirus symptom checker results (link)
👉#Amazon, #Flipkart, #Ola and #Uber begin to resume their services in #India (link)
👉#UberEats exits seven markets (link)
👉 The 13-inch #MacBook Pro gets #Apple’s much-improved keyboard (link)
👉 Poynter Institute’s International Fact-Checking Network launches chatbot on #WhatsApp to debunk thousands of #coronavirus-related hoaxes (link)
📰@iXDaily by @PerspectiveIX
💌Weekly Newsletter.