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118: Flipkart IPO may ride piggyback on post-covid boom in e-commerce
Mark to Market
English - December 08, 2020 10:38 - 5 minutes - 5.42 MBBusiness News News market price finance podcast investing stock market entrepreneurship business business podcast money market share market entrepreneur Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 117: RBI unperturbed by liquidity yet, but odds for rate cuts lower
A Mint report said Walmart is working towards an IPO for Flipkart, at a valuation of $40 billion. While the valuation seems like a stretch, note that share prices of some listed e-commerce firms in emerging markets have skyrocketed this year, helped by covid-19 led growth. But is that enough? Tune in to find out more.