After making money from Phonepe, it seems FK has started a Phone Pe competitor as a separate company 😁. Heard Flipkart CEO had a huge fight with Phonepe CEO as well
Link?
Didn't find in any news.
Any link for this news?
If it's in news why should be posted here
Haa to source bata de bhai
Lol so the demerger was a result of a boardroom fight?
Damn CEOs and their massive egos. But good for consumers I guess.
Walmart owns majority share in both PhonePe and Flipkart, PhonePe is a separate entity from Flipkart, but why is Flipkart itself entering into UPI ecosystem when it is dominant in e-commerce and PhonePe is dominant in UPI and payments.
...
Migrating PhonePe to India 1B $ in useless tax
Like that stupid separation of PhonePe from Flipkart ~0.7B $
Now this 3.5B$ just to increase its stake when it was already a majority owner! What's going on?
Maybe, Taking on Reliance retail and Amazon in India? Tech infra for Walmart (random guess) 100% or ownersh...
Anyone using the new super.money app? What's the feedback? Do you think it will beat PhonePe in the future?
