The recent Google investment of $350 million in Walmart-owned Flipkart, reportedly, comes at a time when the e-commerce major is aiming to enter the quick commerce battle in India
Flipkart raises $350 mn from Google at $36 bn valuation - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
PharmEasys parent firm API Holdings cut down its advertising and promotional expenses to Rs 235 crore, less than half of what it incurred on this account in FY22, while staff costs also eased 12% to Rs 1,283 crore.
Happy Monday! Walmart-owned ecommerce behemoth Flipkart is undergoing significant restructuring, including an internal workforce reduction. This and more in todays ETtech Morning Dispatch.
India Business News: Flipkart, the Indian e-commerce giant owned by Walmart, is planning to reduce its team size by 5-7% as part of its annual performance reviews. This is