Followers

Monday, October 29, 2018

Flipkart losses swell by Rs 3.2k cr on Amazon rivalry

Flipkart India, the wholesale arm of the online retailer, saw losses swelling by nearly 750% to over Rs 2,000 crore, while Flipkart Internet — the entity that runs the online marketplace — reported losses of about Rs 1,100 crore, which is a drop of just under 30% compared to the year before.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2PpPUKC

No comments:

Post a Comment

Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...