Ebay

Ecommerce Major Flipkart Reports 43% Growth In GMV In April-September Period

As for every a economical report from Flipkart investor Naspers, the ecommerce agency has described a progress of 43% in gross items worth (GMV) for the six months ended 30 September. The fifty percent annually report by Naspers mentioned that Flipkart has found a jump in its industry share from the yr-in the past period….

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Valic Marks Down Flipkart Valuation To $7.9 Bn Despite Massive Fund Raise In last Quarter

Mutual fund trader Valic Co. has marked down the valuation Flipkart to $7.9 Bn, months immediately after the ecommerce behemoth lifted virtually $3 Bn in resources from SoftBank, Tencent, eBay and Microsoft. In its most current quarterly report, Valic marked down Flipkart’s valuation marginally to about $7.9 Bn—which is way below the $11.6 Bn valuation…

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