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Twitter reacts to Flipkart's valuation markdown
short by Dishant Sharma / on Friday, 27 May, 2016
Reacting to Flipkart's markdown in valuation by Morgan Stanley Fund by over 15%, a user posted, "The hawa of ecommerce company billion dollar evaluation is vanishing. Wait n watch. Doomsday near #flipkart". "Seems Morgan Stanley didn't heed Bansal's new hocus-focus on 'Net Promoter Score' while marking down value 15% more!", read another user's tweet.
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