Flipkart overview

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Flipkart: data

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Latest News

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Walmart’s investment in Flipkart has positioned it towards more of a digital and ecommerce business, according to the CEO and Director of Walmart, Doug McMillon.  It is now preparing for Flipkart’s Big Billion Days sale, which is expected to be launched during the Diwali festival in November.  Flipkart has also added more fulfillment centres in India to cope with the rising demand.

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Flipkart has recently raised an additional US$ 3.6bn in its first external funding since it was acquired by Walmart in 2018.  The deal now values the company at US$ 37.6bn. Walmart-owned Flipkart doubles its valuation in less than three years After Walmart has acquired a 77% stake in Flipkart for US$ 16bn in 2018, it has expanded its operations to smaller towns and cities, added more items ...
Walmart-owned Flipkart has launched Shopsy, a new social commerce platform.  It can benefit individuals and small businesses who can now resell products in their own networks, through social messaging apps such as WhatsApp. Free for individuals & small businesses, who earn a commission for selling Shopsy is a social commerce platform that will allow budding entrepreneurs to register on the ...
Pride month is observed across many markets in Asia, although it is not as huge as the celebration in Europe and the Americas.  COVID-19 restrictions have hindered plans to have physical gatherings for Pride month, but the pandemic has not stopped some retailers in Asia to launch virtual campaigns for this occasion. Philippines: Alibaba-owned Lazada recognises the LGBTQIA+ stigma  Man...
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