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Amazon's Bazaar to challenge Meesho; AI opportunity in edtech

Amazon has started onboarding sellers from across the country and is asking them to list unbranded products, priced at Rs 600 or less. The platform will offer products like apparel, watches, shoes, jewellery and luggage. ....

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Flipkart' Big Billion Days drives Walmart's international sales in Q4 FY 2024

Flipkart' Big Billion Days drives Walmart's international sales in Q4 FY 2024
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Flipkart's Big Billion Day boosts Walmart sales in Q4, hits profit margin

Walmart International’s advertising business grew 76 percent led by Flipkart and its Mexico business ....

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Flipkart to let go of 1,000 employees in annual rejig exercise

The move to cut jobs comes at a time when Flipkart has frozen fresh hiring for at least 6-7 months to lower costs. ....

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Flipkart eyes profitability ahead of IPO

Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter.

The firm might consider listing in the US or any other geography, including India.

The company, which counts the likes of Amazon and Reliance s JioMart among its competitors in India s burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023. ....

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