Flipkart: Flipkart’s B2C arm, FirstCry post steep losses in FY23, revenues expand
NEW DELHI: India’s new age tech companies continue to remain deep in the red. Walmart owned e-commerce major Flipkart posted net losses of over Rs 4,000 crore in FY23. Data sourced from market intelligence platform Tofler showed that Flipkart Internet which runs the Flipkart e-commerce marketplace reported losses of Rs 4,026 crore on a consolidated … Read more