Flipkart eyes IPO valuation of $70 bn, US listing next year
The global market turmoil sparked by the Russia-Ukraine crisis is said to have also forced the firm to reconsider its timeline
Walmart's Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now plans a U.S. listing in 2023 instead of this year, two sources with direct knowledge of the plan told Reuters.
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