Wednesday, February 27, 2019

Flipkart FY18 revenue up 50%, but losses grow 5x

The financials are the last results of Flipkart Group as an independent company, and since then US-based retail giant Walmart acquired 77% stake for $16 billion in August 2018. https://ift.tt/2TmClxk https://ift.tt/eA8V8J
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Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier (Bloomberg)

Bloomberg : Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared...