Resurfacing Walmart’s 2018 $16B Flipkart Deal That Signaled India’s Retail FDI Potential
Back in May 2018, Walmart’s investment in Flipkart, valuing the marketplace at more than $20 billion, underscored investor confidence in India’s underpenetrated e-commerce market and was expected to accelerate spending on logistics, warehousing, food processing and private labels.
Walmart’s over-$16 billion Flipkart acquisition signals India’s retail FDI potential, intensifying competition in e-commerce and grocery while spurring investment in supply chains, food processing, warehousing and private labels.
Why this matters
The 2018 Walmart deal complements recent signals on Flipkart’s planned Bengaluru food-delivery marketplace pilot and the Flipkart-Eight Roads Shadowfax share sale, highlighting its marketplace and logistics ecosystem.
retail-company is accelerating, up +1,123,200% QoQ.