2018 · Q89
In a recent deal, a large stake of which one of the following e-commerce companies was acquired by Walmart, an American multinational retailer?
current-eventseconomy-business-news
- AShopClues
- BFlipkart
- CYepme
- DSnapdeal
Explanation
In May 2018 Walmart acquired a roughly 77% stake in Flipkart for $16 billion — the largest e-commerce deal of its time. ShopClues, Yepme and Snapdeal were not acquired by Walmart. Hence Flipkart.