Flipkart Internet, the unit which runs the online platform, reported a 40% increase in losses to Rs 1,624 crore for the year ending March 31, 2019 after it was able to cut them by close to 30% in the previous financial year. This signals that the company has started investing for expansion under new owner Walmart.
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Monday 28 October 2019
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Flipkart unit’s losses rise 40% to Rs 1,624 crore
Flipkart unit’s losses rise 40% to Rs 1,624 crore
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