Walmart looking to invest $25 Billion in Tata Group's - 'super app'
Walmart among potential investors to invest in Tata Group's new digital platform. Walmart's investment could touch $20 to $25 B for a larger stake in a likely super app. If this deal goes through - would this be a good move in the long run? Source: https://uk.mobile.reuters.com/article/amp/idUSKBN26K0GI #tech #retail #e-commerce #investment #walmart #walmartecommerce
Walmart looking at up to $25 billion investment in Tata Group's 'super app' - Mint
Reuters
Reuters
If just making investments fully assures good move in long run, Walmart didn’t suppose buy stake in Asda and then helplessly spend last 2 years to search a buyer to move out of Asda. Not every investment guarantees a good move in long run if not planned well. All international investments of Walmart had this sketchy angle compounded with lack of robustness in emerging market, shaky compliance compared to solid US market.