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Tag: Arm

Flipkart parent infuses Rs 2,839 crore in wholesale arm, Retail News, ET Retail

Bengaluru: Flipkart India, the wholesale arm of the Walmart-owned ecommerce marketplace, has received Rs 2,839 crore from its Singapore-based parent, regulatory filings show. This is the third such fund infusion into the unit this year, taking the total investment to Rs 5,701 crore. The investment comes at a time when the ecommerce giant is preparing …

Flipkart parent infuses Rs 2,839 crore in wholesale arm, Retail News, ET RetailRead More

Amazon India’s e-comm arm narrows FY19 loss to Rs 5,685 crore, Retail News, ET Retail

NEW DELHI: Amazon Seller Services, the online marketplace arm of the e-commerce giant in India, has narrowed its loss to Rs 5,685 crore for 2018-19. This is a 9.5 per cent decrease from the last financial year, when the company had posted a loss of Rs 6,287.9 crore, as per documents sourced by business intelligence …

Amazon India’s e-comm arm narrows FY19 loss to Rs 5,685 crore, Retail News, ET RetailRead More