Flipkart India’s losses swell nine-fold amid growth at a fast clip

Flipkart India’s losses swell nine-fold amid growth at a fast clip

Photo: Reuters

Flipkart India Pvt. Ltd, the wholesale entity of the country’s largest online retailer owned by US-based Walmart Inc., had a tough 2017-18 with its net loss widening nine-fold, although the company managed to grow its business at a fast pace.

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