Flipkart is looking at sales worth $8-billion in the current year.The company is also targeting to sell one billion goods on its platform annually within a couple of years.In March last, Flipkart hit an annualized run rate revenue of $1 billion.The company’s current gross merchandise value (GMV) is over $3 billion, the sources added.The e-tailer said the company wanted to sell 25 million units a month, and would add 100,000 sellers on its platform in the current year.The company, which has raised around $2 billion in funding so far, is aggressively expanding its infrastructure and seller base.
Popular Posts
-
The Hyderabad city Police Commissioner’s Task Force (North) arrested an Army officer on the charges of espionage activities. Disclosing t...
-
MyNaa Swamy The Yogini Temple at Bhedaghat is the largest yogini temple in India. Chausath Yogini Temple is situated on a hill...
-
Over five dozen protesters, mostly from Jawaharlal Nehru University and Delhi University, who are said to be supporters of `Kiss o...
-
Hyderabad, Dec 8 (): On her two day official visit, Bibi Ameenah Firdaus Gurib-Fakim Mauritius President on Tuesday reached Hyderabad. I...
-
http://sarkariresult.com/ http://www.jagranjosh.com/india-results-st-1366367144#sthash.dEQqyuJ8.dpbs http://www.indiaresults.com/index...
-
Responding to media reports, State Bank of India (SBI) on Wednesday said that a plan to merge associate banks with itself was not under a...
-
It is an exceptional trading week as indices jumped by more than one per cent and closed to new record high level. The benchmarkin...
-
In a setback to Congress leader and former Chief Minister of Maharashtra Ashok Chavan, the Bombay High Court today refused to drop his n...
-
Hyderabad Dec 17: Noted woman writer Popuri Lalitha Kumar alias Volga has been chosen for the prestigious Kendra Sahithya Academy award f...
-
Hyderabad Nov 8: IT Minister K Taraka Rama Rao on Sunday congratulated Nitish Kumar and Lalu Prasad Yadav’s grand alliance for its...