Google to invest $350 mln in India's Flipkart, valuing co at $37 bln ...
WEBMay 24, 2024 · Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at $37 billion, a source with direct knowledge of the matter told...
Google invests $350M in Indian e-commerce giant Flipkart
WEBMay 24, 2024 · Flipkart, valued at $36 billion in the new investment, leads the e-commerce market in India, where it serves hundreds of millions of consumers in smaller cities and towns.
Google to Invest $350 Million in Walmart-Controlled Indian Firm
WEBMay 24, 2024 · Alphabet Inc.’s Google will invest about $350 million in Flipkart, an Indian online retailer controlled by Walmart Inc., according to people familiar with the matter.
Google to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion
WEBMay 25, 2024 · Google will invest $350 million in Walmart-backed Flipkart, and pick up a minority stake in the e-commerce firm. The latest funding round, led by biggest shareholder Walmart, values the firm at $37 billion.
Google invests $350 million in Flipkart as part of nearly $1 billion ...
WEBMay 24, 2024 · Flipkart secures $1 billion funding with investments from Google and Walmart. Walmart, which holds an 85% stake, invested $600 million in the round. Valued at $35-36 billion, Flipkart plans to expand with Google's cloud collaboration.
Flipkart: Flipkart marketplace arm’s revenue jumps 42% to Rs …
WEBDec 27, 2023 · Flipkart Internet, the marketplace arm of ecommerce major Flipkart, reported a 42% growth in operating revenue for financial year 2023 to Rs 14,845 crore while its total loss narrowed by 9% to Rs 4,026 crore, according to regulatory filings. The firm had made Rs 10,477 crore in operating revenue in FY22 while incurring a total loss of Rs …
Google invests $350 mn in Flipkart as part of $1 billion funding …
WEBMay 24, 2024 · Tech major Google is investing nearly $350 million in Walmart-owned e-commerce firm Flipkart for a minority share, according to sources. The investment is part of the $1 billion funding round started by Flipkart in 2023.
Flipkart raises fresh investment of $350 million from Google
WEBMay 24, 2024 · Flipkart has closed a $1 billion funding round with Alphabet’s Google joining in with a $300-350 million cheque, the ecommerce major said on Friday. Flipkart has been valued at around $35-36 ...
How Google's $350 million investment in Flipkart will ... - The Week
WEBMay 28, 2024 · The recent Google investment of $350 million in Walmart-owned Flipkart, reportedly, comes at a time when the e-commerce major is aiming to enter the quick commerce battle in India. The investment increased Flipkart's …
Flipkart dominates with 48% market share, Meesho emerges as …
WEBJan 26, 2024 · Walmart's subsidiary Flipkart continues to assert its dominance in the e-commerce sector, commanding a 48% market share, reported PTI, citing the AllianceBernstein report.
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