Walmart can be purchased for a target of 500 Billion USD market cap as it owns 77% of Flipkart. Currently Walmart market cap is trading at 390 Billion USD.
Flipkart is one among top 2 eCommerce companies in India.
Within India whether Flipkart is biggest eCommerce or Amazon is biggest eCommerce telling is really difficult as both are almost equals in India.
Technology wise also both are almost at equal level.
Logistics wise Flipkart is in better position when compared with Amazon.
Walmart owns 77% of Flipkart market share.
Currently Flipkart market worth will be around 50 Billion USD.
Currently Walmart is trading at 390 Billion USD. Even Walmart offline retail business is going to grow,
Over a period of time using Flipkart technology Walmart can be one of biggest eCommerce companies in United States.
So Walmart can be purchased for a target of 500 Billion USD in 2 years as it owns 77% of Flipkart.