Walmart outbids Amazon as Naspers pockets $2.2bn from Flipkart sale
Naspers announced the sale of its 11.18% stake in Indian ecommerce company Flipkart, to US-based retailer Walmart for $2.2bn, representing an IRR of approximately 32%.
Naspers announced the sale of its 11.18% stake in Indian ecommerce company Flipkart, to US-based retailer Walmart for $2.2bn, representing an IRR of approximately 32%.
Kalahari.com and Takealot.com – two of SA’s leading e-commerce merchants – will merge their operations.