Is FK profitable? What’s their business model?
Flipkart, Amazon, and almost all of the e-commerce platforms are in loss only. Only brick and mortar store generates profit.
The delivery of ordered items , returns, frauds, etc cost a ton of money.
Flipkart may survive because of Walmart's deep pockets (unsure) and Amazon because of AWS
No Flipkart is in Loss
How are they moving towards profitability and eventual IPO?
I know this might be a one off, but even if they are close to profitable/break even quarters, this can become a strong business
I dont trust a single words come out of the CXO’s mouth in case of startups. All bullshiting and hyping
After 16 years of existence should we still call Flipkart a startup?
