Logo


What's next for Walmart after buying Flipkart and selling its UK stake

Walmart has agreed to cede control of its British business to a competitor and spend $16 billion to acquire Flipkart

Walmart has a lot riding on Flipkart

The sun never sets on Walmart Inc.’s empire, thanks to its network of stores across five continents. But in the span of 10 days, chief executive Doug McMillon has begun dramatically redrawing the retailer’s map, and there’s likely more to come as it places bets to remain on top. “All of a sudden, everything is in play,” said Dave Marcotte, an analyst at Kantar Retail. In less than two weeks, Walmart has agreed to cede control of its British business to a competitor and spend $16 billion to acquire India’s e-commerce leader in its ...