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BBK Electronics Corporation was split into three individual entities Oppo, Vivo, and BBK Education Electronics. Oppo's subsidiaries include OnePlus and Realme. [6] [7] Vivo's subsidiaries include iQOO (a sub-brand of Vivo). [8] [9] It also marketed Blu-ray players, headphones, headphone amplifiers and smartwatches under Oppo Digital brand.
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]
iQOO 3 is a 5G smartphone launched in 2020 with Snapdragon 865 processor and iQOO UI 1.0 based on Android 10.The phone has a AMOLED display with support for HDR10+ and Corning Gorilla Glass 6, [21] an aluminium frame with a glass back, and UFS 3.1 storage technology.
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 ]
In 2017, he assumed the role of CEO of Flipkart Group and his previous position was handed to Kalyan Krishnamurthy. [17] In 2018, Walmart acquired a 77% stake in the Flipkart Group. After the acquisition, Binny Bansal assumed the role of chairman and continued as Group CEO. [18] His 5.5% stake in Flipkart was valued at $1 billion after the ...
In 2011, IDG Ventures India invested $4 million in the company. In January 2015, the company raised ₹ 135 crore from TPG Growth, TR Capital and IDG Ventures India. [18] In May 2016, International Finance Corporation, Adveq Management, TPG Growth and IDG Ventures India invested a total of $60 million in Lenskart.
Flipkart Video is a free video streaming service [10] that is available within the video section of the Flipkart app. [5] [6] Flipkart has tied up with various production houses including Studio Next and Frames and Sikhya Productions to beef up its library of original series in various languages and genres for the Flipkart users. [3] [11]