Flipkart Owner Howdy User Welcome to TecHappen - Make It Happen In this article, we will share with you Who is Flipkart Owner ? A Short Intr...
Flipkart Owner
Howdy User
Welcome to TecHappen - Make It Happen
In this article, we will share with you Who is Flipkart Owner? A Short Introduction of Flipkart - You Need To Know
Flipkart Video
Flipkart has launched in-app streaming named Flipkart Video as part of a new direction they want to move and to match its competitors like Amazon who are offering premium video options in August 2019. The initial line up of content is curated from the service providers like Viu, Voot, and TVF.Flipkart Video Originals
To strengthen its content offering in Flipkart Video, Flipkart forayed into an original content offering which was named Flipkart Video Originals. The first show was launched on October 19,2019 named Backbenchers hosted by Farah Khan.Who is Flipkart Owner?
Flipkart by the Delhi IIT alumni Sachin Bansal and founded Binny Bansal in 2007, mainly to do book sales, whereas before they worked Amazon.com to work, Accumulated experience.
Binny Bansal is an Indian billionaire Internet entrepreneur. In 2007 he co-founded the e-commerce platform Flipkart with Sachin Bansal and served as the chief operating officer until 11 January 2016 and was then promoted to the chief executive officer.
Born: 5 August 1981 (age 38 years), Chandigarh
Net worth: $1.2 billion (August 2018)
Sachin Bansal is an Indian technology entrepreneur and an ardent gamer. He is best known as the co-founder of Flipkart that was acquired by Walmart at $16 billion in 2018.
During his career at Flipkart that spanned 11 years, Bansal held the position of Chief Executive Officer and Executive Chairman.
Born: 5 August 1981, Chandigarh
Net worth: $ 1 billion(May 10, 2018)
When it was formally established in October 2007, it was called “Flipkart Online Services Pvt. Ltd.”. After mergers and acquisitions with competitors such as WeRead, it became one of the largest e-commerce companies in India.
The merger with eBay India (eBay.in) was completed on August 5, 2017.
On May 9, 2018, a Wal-Mart- led consortium acquired approximately 77% of Flipkart for $16 billion. The remaining shares were held by shareholders such as Flipkart co-founders Bansal, Tencent, Microsoft, and Tiger Global Management.
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.
- Owner: Walton family (51%)
- CEO: Doug McMillon (1 Feb 2014–)
- Revenue: 51,440.5 crores USD (2019)
- Founder: Sam Walton
In November 2018, Wal-Mart increased its stake in Flipkart to 81.3%.
Read Also
A Simple Guide On What Is SEO? Search Engine Optimization
Facebook Lite Download Apk For Your Device
Who is Netflix Owner - Netflix story You Need to Know
We Hope You Love the Article, Flipkart Owner And Other Flipkart Related Important Information. don't forget to subscribe to TecHappen for the latest news and information. if you have any questions comment below.
COMMENTS