Last week, we wrote about the imperatives driving Walmart’s mega-acquisition of Flipkart. Today, we look to the future. To paint a picture of what happens next at Walmart-Flipkart in India.
If you go by what the pundits are saying, the future can be described by only one word.
Immediately after the acquisition, Walmart’s share price has taken a sharp fall. Analysts all over the world are unanimous that the deal makes “zero sense” and have predicted dark days ahead for the company.