Flipkart eyes 2023 US listing, raises IPO valuation target to $60-70 bn
Mumbai, 7/4: Walmart-owned Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now plans a US listing in 2023 instead of this year, two sources with direct knowledge of the plan told Reuters. Flipkart, which competes with Amazon.com Inc in India’s booming e-commerce space, had earlier…
