Flipkart to rival BookMyShow, enter ticket-booking space: Report

E-commerce firm Flipkart plans to rival BookMyShow by entering the ticket-booking industry in India in May and selling movie and concert tickets, Reuters reported. The Walmart-backed startup also plans to enter the food delivery space in May. This comes as Flipkart plans to launch an IPO, for which it's already laying the groundwork, including flipping its base back to India.