Walmart Scores In India Vs Amazon Thanks To Its Flipkart Deal: Report
Portfolio Pulse from Anusuya Lahiri
Walmart's $16 billion deal for a 77% stake in Flipkart in 2018 has given it an edge over Amazon in India's online retail market. Flipkart's valuation surged to $38 billion in 2021, and it has grown more quickly than Amazon in the country. Walmart's shares traded higher by 0.13% at $150.10 premarket.
May 22, 2023 | 11:53 am
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NEGATIVE IMPACT
Amazon lags behind Walmart's Flipkart in India's online retail market, with a significant gap that is expected to increase in the short term.
Amazon is trailing behind Walmart's Flipkart in India's online retail market, with a significant gap that is expected to increase in the short term. This could negatively impact Amazon's stock price as it struggles to compete with Walmart in the region.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
India has become a key battleground for Walmart and Amazon as both struggle to compete against local players like Alibaba in China.
India's online retail market has become a key battleground for Walmart and Amazon as they struggle to compete against local players like Alibaba in China. While the news highlights the competition between Walmart and Amazon, it does not directly impact Alibaba's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Softbank Group Corp has invested in Flipkart, which has seen its valuation surge to $38 billion in 2021.
Softbank Group Corp's investment in Flipkart has contributed to the company's valuation surge to $38 billion in 2021. This could positively impact Softbank's stock price in the short term as it benefits from Flipkart's growth in India's online retail market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Softbank Group Corp has invested in Flipkart, which has seen its valuation surge to $38 billion in 2021.
Softbank Group Corp's investment in Flipkart has contributed to the company's valuation surge to $38 billion in 2021. This could positively impact Softbank's stock price in the short term as it benefits from Flipkart's growth in India's online retail market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Walmart's Flipkart deal has given it an advantage over Amazon in India's online retail market, with its shares trading higher by 0.13% at $150.10 premarket.
Walmart's acquisition of a 77% stake in Flipkart has proven successful, as the company has grown more quickly than Amazon in India. This has positively impacted Walmart's stock price, with shares trading higher by 0.13% at $150.10 premarket.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100