Tencent Buys $264M Stake In Walmart's Indian Unit

Benzinga2022-06-14

Chinese tech conglomerate Tencent Holdings Ltd. has bought a $264 million stake in Walmart Inc-owned Indian e-commerce firm Flipkart, Press Trust of India reported.The outlet citing official documents...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • njyblue
    2022-06-14
    njyblue
    Thx
  • HSTew
    2022-06-14
    HSTew
    Tencent always buy new and promising raises company. 
  • BenjiFuji
    2022-06-14
    BenjiFuji
    Will India allow a China company to hold its assets via Europe long term? [Thinking] 
  • BhaskarB
    2022-06-14
    BhaskarB
    Ok
  • BhaskarB
    2022-06-14
    BhaskarB
    Ok
  • Cam20
    2022-06-14
    Cam20
    [Cool] 
Leave a comment
11