Bengaluru: World’s retail giant Walmart’s Indian e-tailer arm Flipkart posted $6-billion (Rs 42,600 crore) revenue, business intelligence platform paper.vc said on Friday.
“The Singapore holding company of Indian e-commerce platform Flipkart filed its annual financial statement on Thursday.
“The financials reveal how the e-tailer has performed after Walmart acquired 77 percent of its equity stake in August 2018 for $16 billion (Rs 1,07,662 crore),” Chennai-based financial data platform paper.VC told IANS in an e-mail statement.
SOURCE:- IANS
