Walmart’s int'l biz profit falls due to Flipkart

The world’s largest retailer Walmart has said that both gross profit and operating income in its international business fell, primarily due to Flipkart where it acquired 77% stake last year for $16 billion.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2VG6eL2

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