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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 ...
In 2018, Amazon beat Flipkart and was recorded the biggest ecommerce in India in terms of revenue. [7] In 2020, Flipkart heavily outsold Amazon by almost two to one by sales during festive retail season. [8] In 2022, the pilot phase of the Open Network for Digital Commerce was launched. [9]
In August 2022, Shopsy had 100 million users. [16] In September 2022, the company launched Grand Shopsy Mela for direct customers and eventually introduced a vernacular search for addressing the non-English speaking demographic. [17] As of December 2022, the mobile app had 11 lakh sellers with 68% of its customers coming from Tier-2 Indian ...
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]
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 on paper [4] and operates over 250 dark-stores across ten metropolitan areas in India.
Flipkart, having originated in Bengaluru, acquired several other e-commerce companies like Myntra, and was eventually acquired by Walmart in 2018 for close to $20 Billion. Startup companies such as Swiggy , Ola Cabs , InMobi , Quikr , and RedBus are also based in the city.
English: 2022 revision of Internal Revenue Service Form 990. Date: 12 December 2022: Source: ... 2022 revision of IRS Form 990. Items portrayed in this file depicts.
In 2022, Flipkart collaborated with Pratilipi to provide e-books on its platform. [12] In 2023, Audible (owned by Amazon) and Pratilipi entered into a deal to transform literary works into audiobooks and audio shows. [13] Pratilipi reported operating revenue of ₹7.88 crore in FY22. [14]