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The total revenue in 2022 was that of ₹43,357 crore was reported for the past fiscal year of 2020–2021. This was 25% more than its revenue in the fiscal year of 2020. The losses were reported to have reduced by 23% to ₹2,445 crore with total expenses of ₹45,801. [152] In May 2024, Google invested almost $350 million into Flipkart. [153]
In 2018, Bansal exited Flipkart following the Walmart deal. [6] In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. [7] In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion. [7]
The original release along with the 1985 and 2002 reissues are adjusted from the Guinness base year, whilst the 2020 and 2022 grosses [42] are adjusted from the 2022 index. AE The gross for Avengers: Endgame is adjusted from the 2020 index. TFA The gross for Star Wars: The Force Awakens is adjusted from the 2016 index.
In September 2020, Pierre Omidyar resigned from the board of directors, after resigning as chairman in 2015. [118] In November 2021, eBay sold its South Korean business to Emart for $3 billion. [119] [120] In May 2022, eBay acquired a stake in Funko and became the preferred secondary marketplace for Funko. [121]
[63] [64] It launched its IPO in November 2021, raising ₹ 18,300 crore (US$2.2 billion) at a valuation of US$ 20 billion. [65] It was the largest ever IPO in India. [ 66 ] The shares began trading on 18 November 2021, opening at ₹ 1,950 on the NSE , 9.3% below the upper band of the IPO price range, and closed down more than 27% at ₹ 1,560 ...
The swings during the week — with the S&P 500 notching its worst day since 2022 on Monday and then its best day in that same stretch on Thursday — made for the most volatile trading week of 2024.
Meesho had 209,000 users and 1.2 million orders per month in February 2019 and 563,000 users and 3.1 million orders per month in March 2020. [10] It saw big growth during 2021 and 2022. [11] Meesho's monthly transacting user count rose 26 times during 2020–2022. Globally, Meesho mobile app was among the top most downloaded apps in 2021. [12]
Nykaa was publicly listed on the NSE and BSE on 10 November 2021, and its price rose by 89.2% on opening day, valuing the company at nearly US$ 13 billion. [25] Founder Falguni Nayar, who owned a 53.5% stake in the company, became India's wealthiest self-made female billionaire on the listing day.