Reuters reported exclusively that Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion. Flipkart is likely to choose between Singapore or the United States for the initial public offering, sources told Reuters.
Business & Finance
Reuters reveals Walmart’s Flipkart considering listing in 2021
25 September 2020, 3:26 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: AsiaNorth America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text