2 Answers: Flipkart boss resigns after misconduct investigation

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www.bbc.com/news/business-46197549

> The companies did not give any further details about the allegation against Mr Bansal.

> Mr Bansal co-founded Flipkart in 2007 with Sachin Bansal who, despite sharing the same surname, is not related.

> The firm, which sells everything from books to clothing and food, is now one of the biggest online retail players in India.

> This year, Walmart announced it would take a majority stake in the company, drawn by India’s fast-growing e-commerce market, which is expected to grow from its current size of $35 billion to $100 billion by 2022.

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Anonymous 8 months 2 Answers 101 views 0

Answers ( 2 )

  1. This has been one of India’s fastest growing companies and has a similar business models to Amazon and Walmart. I am not surprised that Walmart took a giant share as I am sure they would have done in Amazon.com too had they had the chance to do it all again.

    I think that Walmart has done well adjusting to the modern age but still they did miss a beat of two back when it mattered.

    In as far as flipkart I am not that aware of the company aside from it being a fast growing Indian startup.

  2. The flipkart.com is yes, amazon.com for India

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