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WMT Walmart Inc

64.60
0.59 (0.92%)
18 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Walmart Inc NYSE:WMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.59 0.92% 64.60 64.88 63.63 64.24 29,363,046 00:59:05

Walmart in Talks for $25 Billion Investment in Tata App, Mint Reports

29/09/2020 2:35am

Dow Jones News


Walmart (NYSE:WMT)
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-- Walmart Inc. is in discussions with Tata Group for a potential investment of $20 billion to $25 billion in the Indian company's upcoming super-app business, Indian newspaper Mint reports, citing unnamed sources.

-- The two firms are expected to jointly run the new digital platform, which will offer products and services including food delivery and bill payment, and more foreign investors may be roped in, Mint reports.

-- The app's valuation is estimated at around $50 billion to $60 billion, according to Mint.

 

Full story: https://bit.ly/2HFeMvH

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

September 28, 2020 21:20 ET (01:20 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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