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Shopsy is a zero-commission marketplace model for sellers in India . It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [21] [22]
Flipkart and eBay entered into a strategic partnership in July 2017 under which eBay acquired a 5.44% stake in Flipkart in exchange for the contribution of its India business unit valued at $211 million and a $514 million cash investment in Flipkart. Flipkart launched a program to allow its sellers to sell to customers globally in partnership ...
Flipkart was founded in October 2007 in Bangalore [11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [12] [13] [14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
James Royal, Ph.D. July 1, 2024 at 11:19 AM. HODL is one of those terms that’s shown up amid the rise of cryptocurrency. While it looks like an acronym — one of those terms like FBI or KFC ...
Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals. The stake makes ...
May 30, 2024 at 8:07 AM. Two planes narrowly avoided each other on the runway at Ronald Reagan Washington National Airport on Wednesday, according to an air traffic audio recording, the second ...
Flipkart Health+ (formerly known as SastaSundar Healthbuddy Limited), is a e-commerce platform dealing in healthcare, online pharmacy, diagnostics and e-consultation in India. [3] [4] The company was co-founded in 2013, by Banwari Lal Mittal and Ravi Kant Sharma with the name SastaSundar Healthbuddy in Kolkata. [5]
June 25, 2024 at 3:17 PM. Shares of Nvidia (NASDAQ: NVDA) surged higher on Tuesday, jumping as much as 6.3%. As of 1:59 p.m. ET, the stock was still up 5.8%, taking it back above that ...