E-PaperFlipkart Loss News
Flipkart India’s loss rises 9-fold amid growth at a fast clip
Although the results pertain to the period prior to the Flipkart-Walmart deal, it highlights the challenges Walmart will face in turning around Flipkart amid stiff competition from Amazon India
2 min read29 Oct 2018If Flipkart losses haven’t alarmed Walmart, Amazon India’s should
Walmart has daringly jumped into a market where Amazon has already invested billions of dollars. For now, it looks more like bravado than bravery
3 min read7 Jun 2018Flipkart Internet narrows loss to ₹1,639 crore in fiscal 2017
Flipkart says the narrower losses was due to a fall in logistics and storage costs
2 min read31 May 2018Flipkart sees $2 billion cash burn in next 18 months in battle with Amazon
Flipkart's projected high cash burn rate means that rival Amazon will have to double down on its committed investment of $5 billion if it has to keep pace with Flipkart
2 min read22 May 2018Flipkart India trims losses to Rs244.7 crore in FY17
Flipkart India saw revenues rising 18% to Rs15,569.2 crore in FY2017 from Rs13,177.4 crore in the previous year
1 min read16 May 2018Why Walmart investors have started writing off the Flipkart investment
Flipkart's cash burn is far higher than what investors had thought, and with Amazon.com Inc. breathing down its neck as well, the need for cash infusions by Walmart may become a regular affair
3 min read6 Jun 2018News in Numbers: Flipkart losses swell to Rs24,000 crore as of March 2017
In other news, the US Federal Reserve, meeting for the first time under new chairman Jerome Powell, raised the benchmark lending rate a quarter-point
3 min read22 Mar 2018Flipkart FY17 loss widens 68% to Rs8,771 crore, revenue up 29%
Flipkart losses widens 68% to Rs8,771 crore for FY17, as the company continued to spend heavily to maintain its slender lead over arch-rival Amazon India
1 min read3 Feb 2018Start-ups struggling with costs vs growth dilemma
Start-up investors say it's a healthy sign that internet companies are reducing ad spending and discounts, but no one has yet cracked the code on achieving profits
3 min read4 Jul 2017Flipkart still India’s top start-up, shows analysis
Flipkart accounted for 75% of revenues but only 46% of the losses at the 41 top consumer internet start-ups that Mint analysed
3 min read8 Feb 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared