Report: Flipkart to Launch IPO — The Motley Fool

There are reports that Walmart India’s Flipkart is considering an IPO:

“Such a flotation could value Flipkart at $45 billion to $50 billion, say those sources. Apparently the company is considering a listing in either Singapore or the U.S. The former might be easier, as the business is incorporated in the small nation. On the other hand, listing on an American exchange would drop the company into a much wider, and wealthier, pool of investors.”

 

P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its international division. Are you interested in selling your products in other countries? Our experts can help. Contact us today to schedule an appointment.