Flipkart to Burn Through $2 Billion Cash in 18 Months, in Battle with Amazon

Gold Silver Reports (GSR) – Flipkart to Burn Through $2 Billion Cash in 18 Months, in Battle with Amazon — Flipkart Ltd is likely to burn through as much as $2 billion in cash over the next 18 months—an affirmation that sales growth, rather than cutting losses, remains the top priority for India’s largest online retailer after its takeover by Walmart Inc.           

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