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The total revenue in 2022 was that of ₹43,357 crore was reported for the past fiscal year of 2020–2021. This was 25% more than its revenue in the fiscal year of 2020. The losses were reported to have reduced by 23% to ₹2,445 crore with total expenses of ₹45,801. [145] In May 2024, Google invested almost $350 million into Flipkart. [146]
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 ] Awards
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with ...
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 May 2022, Myntra launched an express delivery service on its app to offer a one-of-a-kind experience on its fashion and beauty platform. This service allows shoppers to receive their orders for products marked with ‘M-express tag’ on the listing page within 24–48 hours of purchase. [10]
Coupled with strong consumer spending online over the holiday season, the AI initiatives helped Shopify attract hundreds of merchants and also drove its revenue 31% higher from a year earlier to ...
The Mega Millions jackpot was claimed on Monday, seven weeks after the Aug. 8 drawing, Florida Lottery said in a statement. Florida is one of 45 states plus Washington, D.C., and the U.S. Virgin ...