Walmart Takes $290 Million Hit Due To Flipkart-Owned Jabong
A customer purchases groceries at a Walmart Inc. store in Burbank, California, U.S. (Photographer: Patrick T. Fallon/BloombergTopics) 

Walmart Takes $290 Million Hit Due To Flipkart-Owned Jabong

Walmart International, which consists the retail giant’s operations outside the U.S., took a non-cash impairment of about $290 million in the third quarter on account of the trade name of Flipkart-...
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