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In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 billion. [44] Flipkart is valued at $37.6 billion as of 2022. [45] It is planning to go public through a listing in the United States of America in 2023. [46] In November 2018, Wal Mart increased the ...
Trisha Bansal. Binny Bansal (born 1982/1983) is an Indian billionaire [ 2][ 3] Internet entrepreneur. [ 3] As of February 2024, his net worth was estimated at US$1.4 billion. [ 1] In 2007 he co-founded the e-commerce platform Flipkart. [ 4][ 5] He was the chief operating officer until January 2016, when he was promoted to chief executive ...
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]
eBay office in Toronto, Canada. eBay Inc. ( / ˈiːbeɪ / EE-bay, often stylized as ebay or Ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. Sales occur either via online auctions or "buy ...
In March, Asia’s richest man Mukesh Ambani threw a three-day prenuptial bash for his son that included a 1,200-person guest list, including former world leaders, tech tycoons and Bollywood's ...
Its gross merchandise value (GMV) also surged 72.7% to US$3.8 billion in Q2 19, compared to US$2.2 billion in the preceding year. [ 24 ] According to a report by iPrice in Q2 2019, Shopee was the top shopping app based on monthly active users, total downloads and website visits, ahead of its competitors, Lazada and Tokopedia. [ 25 ]
Cities are bouncing back and offices are reopening, but workers would rather commute for hours on end on a train (or plane) than give up their newfound life on the outskirts.
Currently, he has about 60% of the portfolio invested in just three companies' stocks. 1. Alphabet (22.1%) Ackman's biggest holding based on Pershing Square's first-quarter disclosure is Alphabet ...