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Flipkart delays IPO plans as Walmart pushes profitability focus
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Flipkart delays IPO plans as Walmart pushes profitability focus
Walmart-owned Flipkart is planning to defer its public listing as parent company. Walmart has reportedly instructed the company to focus on achieving breakeven at the EBITDA (earnings before interest, taxes, depreciation, and amortisation) level. The Bengaluru-based e-commerce company has reportedly been asked to achieve profitability by the end of FY ’27, following which it may […] The post Flipkart delays IPO plans as Walmart pushes profitabi…
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