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Flipkart posts Rs 42,600 crore revenue in 2018-19

Post News Network
Updated: November 1st, 2019, 17:58 IST
in Business
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Bengaluru: World’s retail giant Walmart’s Indian e-tailor arm Flipkart posted $6-billion (Rs 42,600 crore) revenue, business intelligence platform paper.vc said Friday.

The Singapore holding company of Indian e-commerce platform Flipkart filed its annual financial statement Thursday.

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“The financials reveal how the e-tailer has performed after Walmart acquired 77 per cent of its equity stake in August 2018 for $16 billion (Rs 1,07,662 crore),” Chennai-based financial data platform paper.vc told IANS in an e-mail statement.

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