Walmart’s int'l biz profit falls due to Flipkart http://bit.ly/2W3Bza7 - Walletnews For Me

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Thursday, May 16, 2019

Walmart’s int'l biz profit falls due to Flipkart http://bit.ly/2W3Bza7

The world’s largest retailer Walmart has said that both gross profit and operating income in its international business fell, primarily due to Flipkart where it acquired 77% stake last year for $16 billion.
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