INSUBCONTINENT EXCLUSIVE:
By Krista Gmelich and Austin WeinsteinWalmart Inc
percent to close at their lowest since Oct
with extremely strong partners in both India (Flipkart) and China (JD), which should make Walmart a long term winner in both
strategic value of the asset warrants the investment, in our opinion, as WMT shows it is serious about competing in the global ecommerce
by expanding in key faster-growing markets (China and India) through joint ventures with local partners, while reducing exposure in
challenging or low-growth markets
losses, and adds pressure to the U.S
