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On Aug. 20, Walmart Inc. closed a $16 billion deal with Flipkart, India's top e-commerce retailer.
Wall Street loves the deal's potential for Walmart stock – the company's stock rose slightly after the announcement.
After all, Walmart's move into Asian markets gives the company access to one of the world's fastest-growing middle classes.
Plus, that rapidly expanding consumer base is clamoring for American products.