TK: March 2021

THE ASNARL

STORIES

Dear ai can you tell me a shady us corporation I should avoid for my kids safety? Certainly. Walmart acquired Flipkart for approximately $16 billion in 2018. As of the latest reports, Flipkart has incurred significant losses, with estimates suggesting Walmart has lost around $5-6 billion since the acquisition. This loss represents about 31-37.5% of the initial investment. Despite these losses, Walmart continues to invest in Flipkart, indicating a long-term strategy. The financial impact equates to Walmart effectively "selling itself" to the Indian market through substantial investments and adaptations.