eCommerce
Flipkart Focussing On Market Share Over Profits:Walmart Int’l CEO
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SUMMARY
Noting that Flipkart is on the right trajectory, Walmart International CEO Kathryn McLay said that the ecommerce platform is on the “path to profitability”
On the growing dominance of 10-minute deliveries in India, McLay claimed that quick commerce currently accounts for 20% of the total ecommerce market in India
McLay said that Walmart has been sharing learnings from its China operations with the Flipkart team to enable the latter to be able to deliver in less than 15 minutes
Walmart International CEO Kathryn…
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