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Tencent acquires stake worth $64 mn in Flipkart from Binny Bansal
Tencent has bought stake worth about Rs 2,060 crore in Flipkart from its co-founder Binny Bansal through its European subsidiary.
Chinese technology conglomerate Tencent has bought stake worth $264 million (about Rs 2,060 crore) in Flipkart from its co-founder Binny Bansal through its European subsidiary, according to official documents.
The transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial year, , flipkart, tencent