Tuesday, 19 March, 2024

Flipkart's Valuation Drops by Rs 41,000 Crore in Two Years

Flipkart has experienced a significant decline in valuation, amounting to over Rs 41,000 crore within the past two years. The decrease in valuation reflects various factors impacting the e-commerce giant's market position and financial performance. Despite challenges, Flipkart continues to navigate the competitive landscape, implementing strategies to sustain growth and adapt to evolving market dynamics in India's highly competitive e-commerce sector.