for (IPO) @flipkart; $bansals = $bansal++
@thebigk
•
Oct 26, 2024
Oct 26, 2024
1.6K
Flipkart's getting ready for the IPO in the next few months and that's led the company to split into three verticals. The co-founders of the company, Sachin Bansal and Binny Bansal will be joined by a third Bansal, 'Mukesh'; who they acquired along with Myntra. While Sachin Bansal will continue to be the top boss (CEO), Binny Bansal will head the logistics and supply chain. Mukesh Bansal will be in charge of marketing initiatives and ensuring the success of the marketplace model.
The company's taking these steps to curb the losses and bring much desired focus to various operations within the company. The question here is - do you think Flipkart will continue to survive despite continuing to make losses? Or will IPO just help the investors make the much desired exit they've been aiming?
PS: Like if you liked the title 😉
The company's taking these steps to curb the losses and bring much desired focus to various operations within the company. The question here is - do you think Flipkart will continue to survive despite continuing to make losses? Or will IPO just help the investors make the much desired exit they've been aiming?
PS: Like if you liked the title 😉