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Binny Bansal resigned from the executive team on 28 January 2024, and has completely divested his stake. In the last year, Binny, along with Excel and Tiger Global Management, sold their entire stake to Walmart, resulting in Binny earning $1.5 billion. Walmart acquired a 77% stake in Flipkart for $16 billion in May 2018. [23]
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 ...
Zepto is an Indian quick-commerce company headquartered in Bengaluru. [2] It was founded in July 2021 by Aadit Palicha and Kaivalya Vohra. [3] As of August 2024, the company is valued at over $5 billion [4] and operates over 250 dark-stores across ten metropolitan areas in India.
In 2024, twenty-four albums reached number one on the Billboard 200. The Tortured Poets Department, the eleventh studio album by American singer-songwriter Taylor Swift, is the longest-running number-one album of the year with 17 cumulative weeks atop the chart.
Sen. Todd Young didn’t back Donald Trump in 2024. But that didn’t stop Young from calling the president this past weekend as he was wavering over Trump’s pick for the country’s top ...
Rep. Buddy Carter (R-Ga.) unveiled new legislation Monday to empower President Trump to enter negotiations to "purchase or otherwise acquire" Greenland and to rename the icy island "Red, White and ...
In 2024, the number of visitors to Japan reached a record high of nearly 37 million, a 47% increase from 2023 and a 15% increase from 2019, before the pandemic. The number of Americans alone who ...
Bell Biv DeVoe, also known as BBD, is an American music group from Boston, Massachusetts, formed from members of New Edition, consisting of Ricky Bell, Michael Bivins and Ronnie DeVoe. The band is best known for their debut album, the multi-platinum selling Poison , a key work in the new jack swing movement of the 1990s that combined elements ...