Walmart Got a $10 Billion Surprise After Buying Flipkart

Type Newspaper Article URL https://www.bloomberg.com/news/articles/2019-07-09/walmart-payment-unit-is-raising-funds-at-up-to-10-billion-value Date 2019-07-09T23:00:00.000Z, 2019-07-09T23:00:00.000Z, 2019-07-09T23:00:00.000Z, 2019-07-11T20:00:00.005Z, 2019-07-11T20:00:00.000Z, 2019-07-11T19:33:30.546Z, 2019-07-11T18:00:00.000Z, 2019-07-11T17:02:58.291Z, 2019-07-11T13:02:31.948Z, 2019-07-11T08:11:46.284Z, 2019-05-21T09:00:14.037Z, 2019-06-04T09:00:44.919Z, 2019-07-11T11:58:30.940Z, 2019-07-09T14:45:47.521Z, 2019-07-10T15:30:44.234Z, 2019-07-11T06:02:33.452Z, 2019-07-10T10:12:15.396Z, 2019-07-10T07:43:20.205Z, 2019-07-11T15:58:11.192Z, 2019-07-11T14:12:16.361Z, 2019-07-11T07:50:21.067Z, 2019-07-11T17:02:58.291Z, 2019-07-11T13:02:31.948Z, 2019-07-11T11:58:30.940Z, 2019-07-11T08:11:46.284Z, 2019-07-11T08:00:44.095Z, 2019-07-11T07:57:01.560Z, 2019-07-11T06:02:33.452Z, 2019-07-11T05:40:32.127Z Accessed 2019-07-11 20:31:47 Library Catalog www.bloomberg.com Language en Abstract When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got a little-noticed digital payments subsidiary as part of the deal. Now the business is emerging as one of the country’s top startups, a surprise benefit for Walmart from its largest-ever acquisition.