Walmart's Flipkart to partially spin off digital payments business

Walmart's Flipkart to partially spin off digital payments business

4 years ago
Anonymous $RGO3jP_V_c

https://www.reuters.com/article/us-india-walmart/walmarts-flipkart-to-partially-spin-off-digital-payments-business-idUSKBN28D0PZ

Walmart Inc-controlled Indian e-commerce firm Flipkart said on Thursday it was partially spinning off PhonePe in a move aimed at widening the digital payments platform's access to capital to fuel its growth.