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Flipkart’s interest in quick-commerce coincides with the ambitious expansion plans of instant-commerce players such as Swiggy, Zepto, and Zomato’s BlinkIt.
The U.S. retail giant has been accelerating its growth in India since 2018, when it bought a 77% stake in Flipkart for about $16 billion, its biggest investment. Two years later, it committed to ...
Amazon and Flipkart are leading players in India's e-retail market which was estimated to be worth $57-60 billion in 2023, and set to top $160 billion in value by 2028, consultancy firm Bain ...
India’s e-commerce market is set to double in size to over $130 billion by 2025, according to Bernstein, and the startup is trying to target people who will contribute most to those figures.
India IPO: Valued at $36 billion, Flipkart has set the ball rolling for an IPO here in the next 12-15 months, sources told us. The Walmart-owned firm has secured internal approvals to move its ...
Flipkart’s apps have more than 50 million daily active users in India, whereas Amazon has fewer than 40 million, according to Bank of America analysts.
Flipkart, last valued at $37 billion in 2024 when it raised $1 billion in a funding round led by Walmart, is shifting its holding company from Singapore to India. Walmart also aims to take the 17 ...
NEW DELHI, Nov 7 (Reuters) - India's financial crime agency has raided offices of some sellers operating on Amazon (AMZN.O) and Walmart-owned (WMT.N) Flipkart in an investigation into alleged ...
Amazon and Flipkart are leading players in India's e-commerce market, which was estimated to be worth $125 billion in 2024 and is set to top $345 billion by 2030, according to India Brand Equity ...
Amazon and Walmart's Flipkart have been issued with notices by an Indian government body asking why dangerous acids are available on their sites after a schoolgirl was the victim of an acid attack.
India's quick commerce sector accounted for over two-thirds of all e-grocery orders last year, with its total market share growing about five times to $6-7 billion from 2022, a report by ...