Flipkart To Shift Domicile to India From Singapore, Hints at Possible IPO Move
Walmart group e-commerce firm Flipkart on Tuesday said it will shift its domicile to India from Singapore-- a move that can be seen as a step towards a potential public listing in the country. At present, Flipkart is headquartered in Singapore.
New Delhi, April 22:슬롯 머신 사이트 추천Walmart group e-commerce firm Flipkart on Tuesday said it will shift its domicile to India from Singapore-- a move that can be seen as a step towards a potential public listing in the country. At present, Flipkart is headquartered in Singapore.
"Flipkart, India's homegrown e-commerce platform, proudly based and operating in India, has shared its intention to relocate its holding company from Singapore to India," the company said in a statement.슬롯 머신 사이트 추천Flipkart Ends WFH: Indian E-Commerce Firm Terminates Work-From-Home Policy, Joins Amazon, Blinkit, Meesho and Zepto With New 5-Day Return-to-Office Mandate.
" This move represents a natural evolution, aligning our holding structure with our core operations, the vast potential of the Indian economy and our technology and innovation-driven capabilities to foster digital transformation in India," the statement said. Jobs Coming in India: Chief Economic Advisory V Anantha Nageswaran Says Country to Generate 8 Million Jobs per Year for Next 10슬롯사이트�12 Years.
Flipkart has been mulling for public listing in India."As a company born and nurtured in India, this transition will further enhance our focus and agility in serving our customers, sellers, partners, and communities to continue contributing to the nation's growing digital economy and entrepreneurship," the company said.
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