menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Flipkart F...
source image

Inc42

1M

read

380

img
dot

Image Credit: Inc42

Flipkart Focussing On Market Share Over Profitability: Walmart Int’l CEO

  • Walmart International CEO Kathryn McLay shared that Flipkart will prioritize market share and growth over profitability, aiming to achieve profitability at the right time.
  • Walmart is working on multiple strategies to boost Flipkart's profitability, including enhancing core ecommerce, growing Myntra's business, and focusing on quick commerce and digital advertising.
  • Flipkart has ventured into quick commerce with a 15-minute delivery promise and is rapidly expanding its capabilities, leveraging insights from Walmart's China operations.
  • Flipkart's quick commerce service Minutes is aiming to increase dark store count to 800 by end of 2025, witnessing growth in tier II & III cities and doubling daily order volumes every 45 days.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app