Actually Walmart struck gold because along with Flipkart, they got PhonePe which... | Hacker News

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		mathnmusic on Nov 15, 2019 \| parent \| context \| favorite \| on: Oyo's business model is looking a lot like WeWork'... Actually Walmart struck gold because along with Flipkart, they got PhonePe which is currently valued around 10B $: https://dailyfintech.com/2019/11/08/walmart-hits-gold-with-i...

blntechie on Nov 15, 2019 | [–]

PhonePe has not made any money so far as well and its valuation itself is questionable. But word is Walmart is looking into hiving off PhonePe from Flipkart and reduce its stake in PhonePe when sun is shining.

geodel on Nov 15, 2019 | [–]

Ah, thanks for the link. I was totally unaware of this development.

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