In this segment of the MarketFoolery podcast, host Mac Greer is joined by Motley Fool analysts Andy Cross and Matt Argersinger to review a business tie-up that has been in the works for a while. Walmart (NYSE: WMT)picked up the majority of India's homegrown e-commerce site Flipkart for $16 billion, which it hopes will give both a major boost in their battle with Amazon.
com (NASDAQ: AMZN). But shareholders aren't always patient, and this is going to take a short-term bite out of Walmart. The Fools, meanwhile, present a different and diverse set of views on what this deal could do.Why Didn't the Market Applaud When Walmart Made It Official With Flipkart?
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