Saturday, 8 June, 2024

Walmart Executive Indicates Flipkart, PhonePe IPOs May Take Years

Walmart's Flipkart and PhonePe might not go public for a few more years, according to a company executive. The delay is due to strategic considerations and market conditions. Both companies are key players in India's e-commerce and digital payments sectors, and their IPOs are highly anticipated. Walmart remains focused on their growth and profitability before pursuing public listings.