Technology

Walmart's Flipkart raises $3.6 billion, SoftBank returns as investor

3 years ago

Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-walmart-investment-flipkart/walmarts-flipkart-raises-3-6-billion-softbank-returns-as-investor-idUSKBN2EI0FN

Walmart Inc-owned Indian online retailer Flipkart on Monday ushered back Japan's SoftBank Group Corp as an investor in a $3.6 billion funding round, after which the e-commerce firm will be valued at $37.6 billion.

Walmart's Flipkart raises $3.6 billion, SoftBank returns as investor

Jul 12, 2021, 7:26am UTC

$drS9DEX_Sj

https://www.reuters.com/article/us-walmart-investment-flipkart/walmarts-flipkart-raises-3-6-billion-softbank-returns-as-investor-idUSKBN2EI0FN >Walmart Inc-owned Indian online retailer Flipkart on Monday ushered back Japan's SoftBank Group Corp as an investor in a $3.6 billion funding round, after which the e-commerce firm will be valued at $37.6 billion.