Wednesday, September 16, 2020

Walmart's Flipkart eyes overseas listing as early as 2021: Sources

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 told. Bengaluru-based Flipkart, as per a source will be aiming for a valuation in the $45-$50 billion range.

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