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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 ...
Pay Later', the ecommerce platform dangles ad credit to sellers—gaining loyalty, data, and investor appeal in one shot.
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 ...
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 has unveiled a $50 million employee stock option (Esop) buyback program, benefiting around 7,500 staff as the company prepares for an initial public offering and navigates a competitive ...
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 ...
The first source said the IPO valuation target could be as high as $70 billion, while the second said it could be between $60-65 billion. Flipkart didn't respond to a request for comment.
Flipkart has completed a $50 million employee stock buyback, offering liquidity to around 7,000–7,500 staff at a time when the Walmart-owned ecommerce giant is looking to go public. The etailer is ...
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 ...
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 ...
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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