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Flipkart Is An Indian: Bangalore, Karnataka Private Limited Company Consumer Electronics Amazon

Flipkart is an Indian e-commerce company headquartered in Bangalore, India. It initially focused on online book sales but later expanded into other products. In August 2018, Walmart acquired a 77% stake in Flipkart for $16 billion, valuing the company at $20 billion.

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Ishika Vohra
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0% found this document useful (0 votes)
94 views7 pages

Flipkart Is An Indian: Bangalore, Karnataka Private Limited Company Consumer Electronics Amazon

Flipkart is an Indian e-commerce company headquartered in Bangalore, India. It initially focused on online book sales but later expanded into other products. In August 2018, Walmart acquired a 77% stake in Flipkart for $16 billion, valuing the company at $20 billion.

Uploaded by

Ishika Vohra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as ODT, PDF, TXT or read online on Scribd
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Flipkart is an Indian e-commerce company, headquartered in

Bangalore, Karnataka, India, and incorporated in Singapore


as a private limited company.The company initially
focused on online book sales before expanding into
other product categories such as consumer electronics,
fashion, home essentials, groceries, and lifestyle
products.
The service competes primarily with Amazon's Indian
subsidiary and domestic rival Snapdeal.As of March 2017,
Flipkart held a 39.5% market share of India's e-
commerce industry.Flipkart has a dominant position in
the apparel segment, bolstered by its acquisition of
Myntra, and was described as being "neck and neck"
with Amazon in the sale of electronics and mobile
phones.Flipkart also owns PhonePe, a mobile payments service
based on the Unified Payments Interface.
In August 2018, U.S.-based retail chain Walmart acquired a
77% controlling stake in Flipkart for US$16billion,
valuing Flipkart at around $20 billion.
Flipkart is an Indian e-commerce
company,
headquartered in
Bangalore, Karnataka,
India, and incorporated in Singapore as a private limited
company.The company initially focused on online book
sales before expanding into other product categories
such as consumer electronics, fashion, home
essentials, groceries, and lifestyle products.
The service competes primarily with Amazon's Indian
subsidiary and domestic rival Snapdeal.As of March 2017,
Flipkart held a 39.5% market share of India's e-
commerce industry.Flipkart has a dominant position in
the apparel segment, bolstered by its acquisition of
Myntra, and was described as being "neck and neck"
with Amazon in the sale of electronics and mobile
phones.Flipkart also owns PhonePe, a mobile payments service
based on the Unified Payments Interface.
In August 2018, U.S.-based retail chain Walmart acquired a
77% controlling stake in Flipkart for US$16billion,
valuing Flipkart at around $20 billion.
Flipkart is an Indian e-
commerce company,
headquartered in
Bangalore, Karnataka,
India, and incorporated in Singapore as a private limited
company.The company initially focused on online book
sales before expanding into other product categories
such as consumer electronics, fashion, home
essentials, groceries, and lifestyle products.
The service competes primarily with Amazon's Indian
subsidiary and domestic rival Snapdeal.As of March 2017,
Flipkart held a 39.5% market share of India's e-
commerce industry.Flipkart has a dominant position in
the apparel segment, bolstered by its acquisition of
Myntra, and was described as being "neck and neck"
with Amazon in the sale of electronics and mobile
phones.Flipkart also owns PhonePe, a mobile payments service
based on the Unified Payments Interface.
In August 2018, U.S.-based retail chain Walmart acquired a
77% controlling stake in Flipkart for US$16billion,
valuing Flipkart at around $20 billion.
Flipkart
is an
Indian e-
commerce
company, headquartered in Bangalore, Karnataka,
India, and incorporated in Singapore as a private limited
company.The company initially focused on online book
sales before expanding into other product categories
such as consumer electronics, fashion, home
essentials, groceries, and lifestyle products.
The service competes primarily with Amazon's Indian
subsidiary and domestic rival Snapdeal.As of March 2017,
Flipkart held a 39.5% market share of India's e-
commerce industry.Flipkart has a dominant position in
the apparel segment, bolstered by its acquisition of
Myntra, and was described as being "neck and neck"
with Amazon in the sale of electronics and mobile
phones.Flipkart also owns PhonePe, a mobile payments service
based on the Unified Payments Interface.
In August 2018, U.S.-based retail chain Walmart acquired a
77% controlling stake in Flipkart for US$16billion,
valuing Flipkart at around $20 billion.
Flipkart is an Indian e-
commerce company,
headquartered in
Bangalore, Karnataka,
India, and incorporated in Singapore as a private limited
company.The company initially focused on online book
sales before expanding into other product categories
such as consumer electronics, fashion, home
essentials, groceries, and lifestyle products.
The service competes primarily with Amazon's Indian
subsidiary and domestic rival Snapdeal.As of March 2017,
Flipkart held a 39.5% market share of India's e-
commerce industry.Flipkart has a dominant position in
the apparel segment, bolstered by its acquisition of
Myntra, and was described as being "neck and neck"
with Amazon in the sale of electronics and mobile
phones.Flipkart also owns PhonePe, a mobile payments service
based on the Unified Payments Interface.
In August 2018, U.S.-based retail chain Walmart acquired a
77% controlling stake in Flipkart for US$16billion,
valuing Flipkart at around $20 billion.
Flipkart is an Indian e-commerce company, headquartered in
Bangalore, Karnataka, India, and incorporated in Singapore
as a private limited company.The company initially
focused on online book sales before expanding into
other product categories such as consumer electronics,
fashion, home essentials, groceries, and lifestyle
products.
The service competes primarily with Amazon's Indian
subsidiary and domestic rival Snapdeal.As of March 2017,
Flipkart held a 39.5% market share of India's e-
commerce industry.Flipkart has a dominant position in
the apparel segment, bolstered by its acquisition of
Myntra, and was described as being "neck and neck"
with Amazon in the sale of electronics and mobile
phones.Flipkart also owns PhonePe, a mobile payments service
based on the Unified Payments Interface.
In August 2018, U.S.-based retail chain Walmart acquired a
77% controlling stake in Flipkart for US$16billion,
valuing Flipkart at around $20 billion.
Flipkart is an Indian e-commerce company, headquartered in
Bangalore, Karnataka, India, and incorporated in Singapore
as a private limited company.The company initially
focused on online book sales before expanding into
other product categories such as consumer electronics,
fashion, home essentials, groceries, and lifestyle
products.
The service competes primarily with Amazon's Indian
subsidiary and domestic rival Snapdeal.As of March 2017,
Flipkart held a 39.5% market share of India's e-
commerce industry.Flipkart has a dominant position in
the apparel segment, bolstered by its acquisition of
Myntra, and was described as being "neck and neck"
with Amazon in the sale of electronics and mobile
phones.Flipkart also owns PhonePe, a mobile payments service
based on the Unified Payments Interface.
In August 2018, U.S.-based retail chain Walmart acquired a
77% controlling stake in Flipkart for US$16billion,
valuing Flipkart at around $20 billion.

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