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

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