Google Said to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion
Alphabet’s Google is taking a $350 million minority stake in Walmart-backed Flipkart, valuing the Indian e-commerce company at $37 billion, a source with direct knowledge of the matter told Reuters. Google and Flipkart could not immediately confirm the value of the investment. Flipkart said in a statement that the tech giant is participating as an … Read more