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Google to invest nearly $350 million in Flipkart
The Morning Standard
|May 25, 2024
Walmart is expected to have invested 600 mnin the India-based online retailer
IN the latest round of funding, Walmart-owned ecommerce platform Flipkart has raised $350 million from Google. This is part of the $1 billion funding round led by Walmart. according to reports, Walmart is likely to have invested $600 million in the India-based online retailer.
In a statement issued by Flipkart on Friday, it said that as part of the latest funding round led by Walmart, it will be adding Google as a minority investor, subject to receipt of regulatory and other customary approvals by both parties.
Diese Geschichte stammt aus der May 25, 2024-Ausgabe von The Morning Standard.
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