Flipkart, PhonePe to become $100 Bn businesses soon: Walmart
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Walmart's chief financial officer (CFO), John David Rainey, has said that the company's Indian subsidiaries, Flipkart and PhonePe, have the potential to become $100 Bn businesses in the near future. “It is not crazy to think that both those businesses could be $100 Bn businesses in the future,” Rainey said during an investor conference.