Walmart is an American multinational retail corporation.
In which of the following Indian companies did it buy a majority of stake?

Snapdeal

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Amazon

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Flipkart

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Future Group

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Flipkart
In 2018, Walmart bought 77% stakes in Flipkart, which is an Indian retail company. It spent about 16 billion dollars. As a result, Walmart gained access to the huge Indian retail market.

Suggest Corrections

Similar questions

Define multinational corporation and explain major features of such an organisation.

Join BYJU'S Learning Program