Walmart invests $2.5 billion in India’s e-commerce and payments

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  • Walmart is investing over $2.5 billion in India’s e-commerce and payments markets.
  • Walmart recently spent $780 million to the Indian tax authorities after PhonePe.
  • Walmart is looking to capitalize on opportunities in India’s e-commerce and payments markets.
  • Walmart is facing rising costs amid market downturns.