$WMT Shawtaaayyy

Maaannnnnn you know, I like WMT. After taking this type of beating from the flipkart deal though, I'm not too sympathetic. At all, really. Maybe the interest in flipkart came after AMZN reported 105% growth in India's e-commerce last year; maybe it's the fact that flipkart is the next biggest competitor. AMZN has its foot in the door already, so what WMT would need to do in relation to vendors, initiating growth for revs internationally + domestically, all the while - getting accustomed to India's 2016 FDI compliance requirements - this link gives U.S perspective (qz.com/1274786/walmart-shares-down-as-investors-question-why-it-bought-flipkart-in-16-billion-deal/). At first, seeing the stake Ebay had in flipkart to provide vendors exclusively to compete w/ AMZN, I was surprised. Maybe, it was a smart, strategic move. BUT, now that Ebay is to sell its stake in flipkart (1.1B), & re-launch Ebay India - the competition only gets worse. That $69 161% target might not be too far away w/ earnings next week.