Darkblack

How is flipkart doing? Flipsters in Grapevine, please give some colour

How are they moving towards profitability and eventual IPO?

14mo ago

Sherlock007

Jab Tak Amazon jinda h or Reliance ko fdi fpi mil rha h... forget profitability for Flipkart but yes ipo might come in h2 2024

ElonStark

Unnamed14mo

If that is the case, how is Meesho profitable. Heard Walmart has asked Flipkart to stop burning and start earning

Sherlock007

TCS14mo

CFO can do anything...wait for audit... Zomato ka 2cr profit via platform fee isn't called profitability

RamsayBrothers

Unilever14mo

Heard about silent PIPs and layoffs.. totally unnoticed and might go up post their big billion day sales.

SandyScrap

Flipkart14mo

There are claims that 15% of staff have been handed pip in mid-year review cycle. It was motivated towards increasing profitability and also avoid negative PRs in press.

RamsayBrothers

Unilever14mo

Have heard the same

ReddyAnna

Swiggy14mo

Overheard in the common smoking zone of some restructuring in some departments

Proxy

Stealth14mo

Culture gone for a toss, profitability’s is far fetched goal, Walmart is just pumping money to stick it to Amazon i guess, once Walmart questions profitability and gets in to day on day business it will fall like house of cards… heard all these from on the “ex flipster”

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Curated from across

DarkblackMeesho10mo

Flipkart fund raise

https://www.reuters.com/business/retail-consumer/indias-flipkart-get-600-mln-walmart-under-new-fundraise-2023-12-21/

Flipsters in grapevine, where is this capital getting consumed? Is it all for new businesses (clear trip, grocery etc)?

RedLesson82Linkedin6mo

What's up at Flipkart?

How are things at Flipkart? Can someone from within the company share what's happening right now? Are they actually prepping for an IPO this time around or is is just for news as it has been for many years? Also what's the sentiment like...