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Phonepe was acquired by Flipkart in 2016. Later In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart. So, why need another UPI app?

Shashwat Tiwari

Stealth • 5m

Maybe Wallmart is trying to have more fronts here than just one to leverage the potential in this particular domain.

1 replies1 like
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