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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 ...
Flipkart introduced Shopsy in July 2021 [3] [4] as a mobile app that allowed people in India to launch their own online reseller business. [5] [6] [7] By August 2021, the app had adopted a zero-commission marketplace model. [8] [9] Later, Shopsy shifted its focus to become a B2C company. [10]
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]
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]
The US retailer could invest an additional $3 billion into Flipkart—aside from the $16 billion it is already spending on buying it—within a year of closing the deal, it said in a filing with ...
The term "persistent identifier" is usually used in the context of digital objects that are accessible over the Internet. Typically, such an identifier is not only persistent but actionable: [1] you can plug it into a web browser and be taken to the identified source. Of course, the issue of persistent identification predates the Internet.
A Uniform Resource Identifier (URI), formerly Universal Resource Identifier, is a unique sequence of characters that identifies an abstract or physical resource, [1] such as resources on a webpage, mail address, phone number, [2] books, real-world objects such as people and places, concepts. [3]
A Formal Public Identifier (FPI) is a short piece of text with a particular structure that may be used to uniquely identify a product, specification or document.FPIs were introduced as part of Standard Generalized Markup Language (SGML), and serve particular purposes in formats historically derived from SGML (HTML and XML).