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Flipkart Raises $3.6 Billion

Benzinga

1 Views • Sep 01, 2021

Description

On Monday, Flipkart, the Walmart-owned ($WMT@US) Indian e-commerce business, revealed that it had raised an extra $3.6 billion in funding. Flipkart now has a market capitalization of $37.6 billion, putting it in direct competition with Alibaba ($BABA@China) in the Asian online commerce industry.

Keywords & Tags

#alibaba #baba #e-commerce #finance #business #market capitalization #Walmart #WMT #competition #Flipkart #Indian e-commerce business #3.6 billion in funding #online retail #Asian online commerce industry #e-commerce company

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