Tuesday, May 27, 2025

Flipkart growing at up to 25% despite ecommerce slowdown: Group CEO Kalyan Krishnamurthy

Flipkart is experiencing strong momentum with 20–25% year-on-year order growth in May, despite an industry slowdown. CEO Kalyan Krishnamurthy highlighted the firm’s India re-domiciling move, profitability push, and 30% projected June growth. He also reaffirmed that Flipkart’s quick commerce venture, Minutes, aims to scale up to 800 operational dark stores by the close of 2025.

from Tech-Economic Times https://ift.tt/ShIK6ct

No comments:

Post a Comment

OpenAI rolls out ads for US ChatGPT users

OpenAI will start showing ads to users of the free and Go versions of ChatGPT in the US in the coming weeks. The company has also integrated...