Flipkart Big Billion Days sale boosts Walmart's revenue
The earlier timing of Flipkart's Big Billion Days event was also a benefit to sales results, says Walmart CFO John David Rainey.
walmart international
November 2022
October 2018
May 2018
Flipkart to remain a drag on Walmart’s bottom line
Biggest ever acquisition is set to pull down operating income and earnings per share till FY20; but management gung-ho about success in the long run.
Minority shareholders in Flipkart would be powerful
Agreements between Walmart and Flipkart indicate that minority shareholders have been given veto rights over certain decisions and the right to demand an initial public offering after four years.
