If Walmart Inc. is perturbed by Flipkart Ltd’s high losses, it hasn’t shown any signs of it yet. Instead, it coolly told investors that Flipkart’s operating loss may expand to around $1.35 billion in FY20. This is far higher than the loss of $685 million (₹4,586 crore) the Indian e-commerce reported in FY17. Operating loss refers to its consolidated loss before interest and tax.
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