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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 ...
The Google investment is part of a nearly $1 billion funding round that Flipkart kicked off in 2023. Walmart has led the round, having invested $600 million in it late last year. (Microsoft is ...
Tiger Global’s recent secondary deal, in which it sold its stake in Indian e-commerce giant Flipkart to Walmart for $1.4 billion, shows that the market has started moving. But this transaction ...
The Amazon Spring Sale continues today, and among all of the clothing, outdoor and home products on sale, there are a few good tech deals to be had. Unlike regular Prime Day, the Big Spring Sale ...
In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 billion. [44] Flipkart is valued at $37.6 billion as of 2022. [45] It is planning to go public through a listing in the United States of America in 2023. [46]
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 at an ...
Rank Name Industry Revenue (USD millions) Revenue growth Employees Headquarters 1 Walmart: Retail: 648,125 6.0% 2,100,000 Bentonville, Arkansas: 2 Amazon
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 ...
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