Flipkart

FinTech Investment in India: From 2014 to Q1 2019

The above graph represents the total FinTech investment in India and the number of deals, from 2014 to Q1 2019. Investors have poured more than $13.3 billion into FinTech companies in India since 2014, with 462 transactions completed in...

India Online Smartphone Market Share by Channel

The above graph represents the India online smartphone market share by Channel - Flipkart, Amazon.in, Mi (Xiaomi) and others. The share of India's smartphone shipments through online channels reached 43% in Q2 2020, mainly due to Covid-19 lockdown which...

PhonePe Revenue and Net Loss by Year

The above graph represents the PhonePe revenue and net loss by year, starting from fiscal 2016 to fiscal 2019. Walmart-owned digital payment startup PhonePe witnessed a huge jump in its revenue and losses during the financial year ended March...

Amazon and Flipkart Achieve Record Festive Season Sales: $3 Billion in Six Days

Online retailers in India attained sales totalling to a Gross Merchandise Value (GMV) of $3 billion (Rs. 19,000 crores) between September 29 and October 4, the first six days of the festive season sales. Gross Merchandise Value, aka GMV, is...

Flipkart All Set To Launch Free Video Streaming Platform To Challenge Amazon’s Prime Video

Flipkart and Amazon are set to lock horns once again - but this time in the video streaming business. Walmart, which acquired Flipkart last year, is set to come out with a new video streaming service in an effort...

Flipkart Under Investigation For Allegedly Bribing Government officials!

Flipkart is under the internal investigation of Walmart, which is screening the asserted records of regulatory and internal compliance failures. The investigation is primarily focused to find the possible kickbacks paid by Flipkart to establish fulfilment centres (FCs) aka...

India Ecommerce Market: $65 Billion By 2023, Flipkart to Leapfrog Amazon

Gauged in terms of revenue and market capitalization, Amazon is the lead player in India's eCommerce marketplace. The global e-commerce major's sales revenue alone is estimated to clocked $8.8 billion in 2018. Being prominent and might Amazon never let its...

Flipkart In Dire Straits With Increased Expenses, and Losses Surging Five-Fold!

In what would be the most self-evident scoop on the plate, Singapore-based Flipkart Group has seen a surge in its total revenue, which, fortunately, has increased at a dramatic pace! The revenue of Flipkart Group during FY'18 ending March 2018,...

New E-Commerce Policy Draft: No Relief For Flipkart And Amazon India

India has outlined a new draft policy to govern its rapidly increasing ecommerce market. And, no one more than Amazon India and Flipkart would be disappointed with it. The new policy outlined Saturday aims at providing greater protection and support to...

India Ecommerce Market: $200 Billion By 2027, Slower Growth Than Expected Earlier

The India ecommerce market growth is estimated to miss the market expectations as e-commerce juggernauts which was earlier going full throttle seems to have slowed down ever since the new FDI rules kicked in on February 1, 2019. Morgan Stanley, the...
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Apple Q2 FY24 Earnings: Revenue Declines in All Major Markets and Products

Apple, Inc. (NASDAQ: AAPL) has unveiled its financial performance for the second quarter of fiscal 2024, ending on March...
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