Can Flipkart Strike A Fiscal Balance Ahead Of IPO?

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Can Flipkart beat a mile a minute? As the road to D-Street neared its end, the ecommerce giant has flicked into quick commerce, rolling out Minutes. The question now staring at its American parent Walmart is how much cash burn will it endure as a late entrant in a party of seasoned players. 

Digital payments major PhonePe, another Walmart-run entity, had to fork out a fortune for a reverse flip to India ahead of its public float next year.   

The US retail behemoth is in no mood to sit on its two big-ticket acquisitions. Walmart had spent…



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Can Flipkart Strike A Fiscal Balance Ahead Of IPO?


Can Flipkart beat a mile a minute? As the road to D-Street neared its end, the ecommerce giant has flicked into quick commerce, rolling out Minutes. The question now staring at its American parent Walmart is how much cash burn will it endure as a late entrant in a party of seasoned players. 

Digital payments major PhonePe, another Walmart-run entity, had to fork out a fortune for a reverse flip to India ahead of its public float next year.   

The US retail behemoth is in no mood to sit on its two big-ticket acquisitions. Walmart had spent…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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