Walmart delays IPO for Indian giants Flipkart and PhonePe — PYMNTS.com

Photo by Rubaitul Azad on Unsplash

Walmart is delaying IPOs for its Indian e-commerce platform Flipkart and payments company PhonePe:

“’This is something we’re looking at over the next couple of years,’ Walmart’s executive vice president for corporate affairs, Dan Bartlett, told Reuters last week in reference to the company’s marketplace Flipkart and payments platform PhonePe.

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