Flipkart PhonePe Could Be $100 Billion Businesses in India Claims Walmart CFO

Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have singled out the two businesses as ...