 "Doug McMillon")
Doug McMillon, the president and chief executive officer (CEO) of world’s largest retailer Walmart Inc, is on a crucial visit to India, especially to the headquarters of Flipkart in Bengaluru to assess the progress made by the home-grown e-commerce giant.
In May last year, Walmart paid a whopping $16 billion to acquire around 77 per cent stake in Flipkart, a transaction that valued the e-commerce firm for over $20 billion.
“He (McMillon) would be visiting the Flipkart campus and would be meeting the employees,” said a person.
During his stay in Bengaluru, McMillon is also expected to meet the senior
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