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 five women survivors fasting since November 10 at Jantar Mantar, New Delhi, have broken their waterless fast.The women, along with...
-
PSU companies will soon have a new set of welfare spending norms as per new companies law for corporate social responsibility (CSR) ...
-
At last, the wish of Telugu Desam Party and NTR's fans was fulfilled by Central Aviation ministry. The Ministry of Civil Aviation has...
-
Centre has proposed to launch a pan India Programme called “Digital India” to further bridge the divide between digital “haves” and “have-...
-
Airtel has partnered with the government to launch the first public Wifi in the state. Currently, the pilot project is underway at 17 ...
-
Hyderabad Dc 17: AIIMS team of doctors on Thursday said that they are planning to conduct surgery to conjoined twins Veena and Vaa...
-
The Telangana Information Technology Association (TITA) identified that more than 22 websites belongs to different Indian Government a...
-
The Government has announced to set-up five more IITs in the Jammu & Kashmir, Chattisgrah, Goa, Andhra Pradesh and Kerala. Similarly, ...
-
The first full-fledged Rail Budget of the Narendra Modi government will be presented in Parliament today by Railway Minister Suresh Pr...
-
‘Minimum government, maximum governance’, is the day’s mantra. The profounder of this, India Prime minister Narendra Modi, takes a step for...
