Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Flipkart planning US listing in 2023 at $60-70 bn valuation: Report
short by Aishwarya Awasthi / on Thursday, 7 April, 2022
Flipkart has pushed its IPO valuation target to around $60-70 billion, and is now planning a US listing in 2023 instead of 2022, Reuters reported citing sources. Some sources reportedly said that the ongoing conflict between Russia and Ukraine played a part in Flipkart delaying its plans. Others said Flipkart's internal plan to boost valuations further caused the delay.
read more at Reuters