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Tencent acquired Indian e -commerce Flipkart worth 264 million US dollars shares

via:新浪科技     time:2022/6/12 17:00:27     readed:57

Sina Technology News on the afternoon of June 12th. According to reports, Tencent purchased a US $ 264 million Flipkart shares through its European subsidiaries. After the transaction was completed, Tencent held Flipkart 0.72%of the shares. It is reported that Flipkart, headquartered in Singapore, only conducts business in India.

According to data disclosed in July 2021, Flipkart's latest valuation reached US $ 37.6 billion. At that time, the Singapore sovereign wealth fund GIC, CPP Investments, SoftBank Vision Fund and Wal -Mart led a round of financing of 3.6 billion US dollars.

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