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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]
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 ...
A special type of bangle is worn by women and girls, especially in the Bengal area, commonly known as a "Bengali bangle", which is used as a substitute for a costly gold bangle, and is produced by thermo-mechanically fusing a thin gold strip (weighing between 1–3 g) onto a bronze bangle, followed by manual crafting on that fused gold strip.
Myntra continues to operate as a standalone brand under Flipkart's ownership, focusing primarily on "fashion-conscious" consumers. [14] In 2014, Myntra's portfolio included about 1,50,000 products of over 1,000 brands, with a distribution area of around 9,000 pincodes in India. [15]
An advertisement for a "sterling tennis bracelet" in The New Yorker in 1975, for example, shows a solid silver bangle featuring a tennis racket design, made by the Gorham Manufacturing Company. [7] Tennis bracelets are made up of many identical settings, each of which incorporates a hinge.
The price of bitcoin dropped below $100,000 late Thursday, just a day after topping the milestone for the first time.. The world’s largest cryptocurrency continued to slide in early trading on ...
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
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