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[41] [42] In July 2017, Flipkart made an offer to acquire its main domestic competitor, Snapdeal, for US$700 to 800 million. It was rejected by Snapdeal, which was seeking at least US$1 billion. [43] In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 ...
Image Credits: Manish Singh / TechCrunch. Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people ...
Flipkart was valued at $37.6 billion in a funding round in 2021, but has since internally cut its worth by about $5 billion following the split of payments startup PhonePe. Walmart, which paid $16 ...
Image Credits: Manish Singh / TechCrunch. Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the ...
This list comprises the largest companies currently in Africa by revenue as of 2022, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion.
The figures are in billions of US dollars and are for the year 2019. All 14 companies from South Africa in the Forbes 2000 are listed. [2] *Despite the company being South African with Head Offices in South Africa, the company is listed as British by the Forbes 2000 ranking due to the entity's registered address in London.
Anker’s discounts for the Big Spring Sale include a number of power banks and wireless chargers at record-low prices. One of our favorites, the Anker Prime 250W portable charger is 31 percent ...
Reliance’s AJio is hot on their heels, already securing over 15% of the fashion market, according to Bernstein. Bernstein values Reliance Retail’s e-commerce business at $36.4 billion ...