Flipkart Raises $3.6 Billion

Name: Flipkart Raises $3.6 Billion
Uploaded: 2021-09-01T14:45:17+00:00
Duration: 21 s
Channel: Benzinga
Description: On Monday, Flipkart, the Walmart-owned ($WMT@US) Indian e-commerce business, revealed that it had raised an extra $3.6 billion in funding. Flipkart now has a market capitalization of $37.6 billion, putting it in direct competition with Alibaba ($BABA@China) in the Asian online commerce industry.

Benzinga

On Monday, Flipkart, the Walmart-owned ($WMT@US) Indian e-commerce business, revealed that it had raised an extra $3.6 billion in funding. Flipkart now has a market capitalization of $37.6 billion, putting it in direct competition with Alibaba ($BABA@China) in the Asian online commerce industry.

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