An ET report revealed that Tencent has invested $62.8 million (approximately Rs 461 crores) in Flipkart PTE -- Flipkart India’s Singapore based holding company. 

In case you forgot, In July, Walmart led a $1.2 billion investment in Flipkart's commerce business, valuing it at $24.9 billion. The US-based retail chain already owns around 80 percent stake in Flipkart.

According to the report, this is a part of the $1.2 billion investment round as per regulatory filings. As per the filings, courtesy of Paper.vc has revealed that Chinese tech company Tencent owns around 4 to 5.3 percent in Flipkart PTE.

Even though the amount invested isn’t as significant, its timing is crucial looking at how Tencent has managed to lose a considerable chunk of money ever since the battle royale game PUBG got banned from India after it allegedly collected user data and sent it to the Chinese government.Indiatimes.

मिडिया डबली डट कम २०७३ श्रावण १ गतेबाट डबली नेटवर्क्स प्रा. लि द्वारा संचालित नेपाली भाषाको अनलाइन समाचार पोर्टल हो । अनुसन्धान र खोजमुलक समाचारलाई प्राथामिकता राख्ने यस पोर्टलमा सम्प्रेषित समाचारलाई कपि गरि अन्य साइटमा जस्ताको तस्तै राख्न पूर्ण रुपमा निषेध गरिएको छ । कुनै समाचार कपि गर्ने र अनिवार्य रुपमा ब्याक्लिंक नदिएको पाइएमा प्रचलित साइबर कानुन अनुसार कारवाहि गरिने जानाकारी गराइन्छ ।

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