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Walmart-owned Flipkart is offering a $50 million stock buyback to employees, signaling confidence in its upcoming IPO and promising an additional liquidity event if performance targets are met ...
Walmart-backed Flipkart has launched a $50 million employee stock buyback scheme for 7,000–7,500 staff, allowing liquidation of up to 5 per cent of vested options at $174.32 per unit. Aimed at talent ...
The latest Esop buyback, worth $50 million, will benefit about 7,500 staff. To date, the ecommerce leader, which is moving ...
IPO-bound Flipkart is conducting another round of Esop buybacks. This and more in today's ETtech Top 5.Also in the letter:■ AI talent war■ Age of IT-BPO combo■ Global vs local: Online taxi ...
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Minority investors holding 60 percent of Flipkart's shares "acting together, may require Flipkart to effect an initial public offering" (IPO) four years after the close of the Walmart-Flipkart ...
In a major move signalling confidence and strategic momentum, Flipkart has announced a USD 50 million employee stock ownership plan (ESOP) buyback, allowing around 7,000 active employees to cash out ...
Flipkart Group CEO Kalyan Krishnamurthy had earlier said the company would look at multiple geographies for its IPO, to be in the range of $60-70 Bn Walmart is currently lining up a potential ...
Media reports have pegged Flipkart’s IPO at a sky-high valuation of $60-70 Bn, with plans to list on US bourses The ecommerce giant notched up a loss of INR 2,013.7 Cr and consolidated revenue ...
The IPO is expected to take place by the end of 2025 or early 2026 Flipkart Pvt Ltd, currently based in Singapore, operates through multiple subsidiaries in India, handling its marketplace ...
And we are looking and exploring when will be the right time to IPO that business,” Walmart International president and CEO Kath McLay said during the retail giant’s post-earnings call ...
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