[ad_1] When consumers went on a spending spree using credit cards during the festival month of October 2023, card transactions spurted by Rs 36,000 crore to Rs 1.78 lakh crore…
Tag: Flipkart
Ola the surprise visitor on 1st day of IIT placements
[ad_1] Mumbai: Day Zero dawned at India’s top technology campuses on Friday with companies ranging from trading firms to tech firms and consultancies jostling for the brightest talent in the…
Walmart paid $3.5 billion to Binny Bansal, Accel, Tiger Global and others to buy Flipkart shares
[ad_1] Parent Walmart paid $3.5 billion to acquire shares in Flipkart from non-controlling stakeholders, including co-founder Binny Bansal, the American retailer said in a Securities and Exchange Commission (SEC) filing.…
WSJ News Exclusive | Walmart Pays $1.4 Billion to Boost Flipkart Stake
[ad_1] The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. [ad_2] Source link
Flipkart and PhonePe could be $100 billion businesses in India, Walmart says
[ad_1] NEW YORK : Walmart’s Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer’s chief financial officer said on Wednesday…
Tech infra is costly, frugality is a big part of strategy: Flipkart’s Datar
[ad_1] Flipkart India FY22 revenue at Rs 51,176 cr, loss widens 39% to Rs 3,404 cr Flipkart’s loss widens 51% to Rs 4,362 cr in FY22 on 36% spike in…
PhonePe completes separation from Flipkart
[ad_1] Flipkart and PhonePe have completed their separation and both entities will continue to operate under US-based retail giant Walmart, a joint statement said on Friday. PhonePe was acquired by…