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/walma...-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.