Fidelity Rutland Square Trust II marked down the value of the company by 21.1% from $103.97 at the end of Nov to $82 for the three-month period that ended Feb
The company says it is in advanced stages of talks with all major auto manufacturers to bring them onto its platform
Valic Co 1 and Fidelity Rutland Square Trust II have marked down the value of Flipkart shares by 29.4% and 21% respectively
Co-founder does not worry 'too much' about markdown
In this second part of his analysis of Flipkart, India Value Fund Advisors Partner Haresh Chawla responds to critics on why he doesn't trust Morgan Stanley's report on e-commerce players
According to an article by the India Value Fund partner, Amazon, through its efforts, is just 'months away from beating' its rival
Of late, it has become fashionable to rant on Flipkart? Many of these rants are uninformed or malicious opinions
While Flipkart has largely shied away from answering why it scrapped the app-only strategy, Punit Soni seemed to be paying the price for it
In Nov 2015, the e-commerce major launched Flipkart Lite web app to offer a better experience to shoppers in offline mode as well.
Co-founded by ex-Flipkart employees Sameer Nigam and Rahul Chari, PhonePe is building India's first Unified Payments Interface (UPI) based product
It allows users to transact with a unique identification and mobile phone number.
The growth being led by users coming from tier 2 and tier 3 towns.
Flipkart co-founder Sachin Bansal said Alibaba deciding to start operations directly shows how badly their Indian investments have done so far
Snapdeal CEO Kunal Bahl reminds Bansal of Flipkart's valuation dip
The hackers sent two emails to Flipkart's CFO, demanding $80,000 to be transferred to an account immediately
Talks between both firms were reportedly held to sell Flipkart for $8 billion, The Economic Times reports
This is a classic case of fight between two parties, both claiming to be victims.
Flipkart said it is engaged with several stakeholders to urge the Uttarakhand government to revoke the additional tax
In talks to raise Rs 6,700 cr but China firm says will pay less per share versus what others paid in last funding
Alibaba is already an investor in Snapdeal and Paytm; stake in Flipkart could get it a stronger hold against Amazon