Updated News Around the World

Flipkart’s lead shrinks ahead of an IPO as growth slows amid stiff competition

Illustration by Sadhana Saxena

Synopsis

Flipkart’s pole position in India’s e-commerce market seems to be under threat from multiple quarters. While slowing growth and the entry into new businesses that require substantial investments could be a cause of concern for investors, the company’s broad-ranging tie-up with the Adani Group can be a confidence-booster, especially under intense regulatory heat.

The last two years have been quite eventful for Flipkart. From a furious diversification drive amid slowing growth and intense competition to substantial capital infusion, distress buyouts, equity investments, and a foray into new segments, the home-grown e-commerce giant has tried it all.In the meantime, Flipkart’s marketplace operating revenue — a key indicator of how much it actually netted from the commerce on its platform — has grown at a

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsUpdate is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.