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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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Flipkart Rolls trim: Flipkart may trim rolls by up to 7% in yearly refocus

Spotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company. ....

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Flipkart Rolls Trim: Flipkart may trim rolls by up to 7% in yearly refocus, ET Retail

Flipkart Rolls Trim: Spotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company. ....

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Flipkart Claims 140 Crore Users Visited Big Billion Days Sales; But India Has Only 120 Crore Internet Users! - Trak.in

Flipkart Claims 140 Crore Users Visited Big Billion Days Sales; But India Has Only 120 Crore Internet Users! - Trak.in
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

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Flipkart's festive sales saw a record over 1.4 bn customer visits - News Today

Flipkart's festive sales saw a record over 1.4 bn customer visits - News Today
newstodaynet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstodaynet.com Daily Mail and Mail on Sunday newspapers.

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