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Flipkart slowly grew in prominence and was receiving 100 orders per day by 2008. [16] Flipkart acquired WeRead in 2010 from Lulu.com that helped it build its foundational strength which was the digital retail of books. This space was otherwise only shared by very limited number of players at that time in the market, such as Landmark and ...
In 2023, Vivo was ranked among the top 5 smartphone makers, achieving a global market share of 10%. [12] In April 2021, three pallets of Vivo phones [13] caught fire at Hong Kong International Airport, prompting a ban on air freight of Vivo phones through Hong Kong. [14] In June 2022, Vivo entered the world-famous Guinness Book of Records. [15]
In 2018, Bansal exited Flipkart following the Walmart deal. [6] In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. [7] In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion. [7]
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