What is Flipkart? Can Flipkart ship to the United States?
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What is Flipkart? Can Flipkart ship to the United States?
Flipkart was just the dream of two former Amazon employees in India. Now the country’s largest e-commerce retailer, it is directly involved in a long war between Amazon and its physical enemy from the United States.
Wal-Mart just announced the acquisition of Flipkart in a groundbreaking transaction. Reports say this acquisition is the largest transaction in e-commerce history, giving Walmart a stake in one of the world’s largest and fastest-growing online retail markets. This places the company between Amazon and Amazon in an important emerging market. There was a huge conflict.
You need to understand what Flipkart is, the valuation, the recent acquisition by Walmart, and the potential impact on Indian consumers and rival Amazon.
What is Flipkart?
Flipkart is an e-commerce website based in Bangalore, India, recently acquired by US retail giant Walmart. Founded in October 2007 by former Amazon employees Binny Bansal and Sanchin Bansal, the company launched its DigiFlip product line, including laptop bags, tablets, and USB sticks, and sells various online products such as Amazon.
Sanchin Bansal chairs the company, and Kalyan Krishnamurthy is the CEO. As of 2016, Flipkart had approximately 30,000 employees, and as of 2017, the revenue stream was the US $ 3 billion (£ 2.2 billion). Its subsidiaries include Myntra, PhonePe, eBay.in, Ekart, Jevees.co.in and Jabong.com.
On May 9, Walmart announced that it would acquire 77% of Flipkart’s shares for US $ 16 billion (approximately £ 11.7 billion) at a US $ 20 billion (approximately £ 14.7 billion). This is the largest online business acquisition ever and gave Wal-Mart a significant share of India’s fast-growing e-commerce market.
According to a report, the Wal-Mart acquisition increased Flipkart’s valuation to approximately $ 20 billion (£ 14.7 billion).
Acquisition of Walmart
On May 9, 2018, Wal-Mart announced an approximately 77% majority stake in Flipkart, making it the world’s largest online e-commerce acquisition and enabling the US-based retail giant to become one of the world’s largest online retailers. The largest and fastest-growing online retail market with significant interests and a blow to Amazon.
Alphabet, Google’s parent company, is also expected to acquire a small portion of Flipkart, which reportedly accounts for around 10%.
The news confirms speculation that Wal-Mart has been negotiating the Flipkart acquisition for several months, although the two companies remain silent about any possible negotiations. Flipkart is India’s largest online trading company. Still, since it entered Jeff Bezos ‘Amazon in 2013 and then entered the Indian e-commerce market, it struggled with Jeff Bezos’ Amazon.
According to reports, Amazon tried to disrupt Wal-Mart’s deal with Flipkart by negotiating to acquire a majority stake in the Indian company but ultimately failed. Walmart’s acquisition of Flipkart now means it has gained a significant foothold in a country where the number of online shoppers will increase from 60 million in 2016 to approximately 475 million in 2026.
What it means for consumers and Amazon
The recent acquisition of Flipkart by Wal-Mart could significantly impact the fast-growing Indian e-commerce market and rival Amazon.
Now, this transaction has plunged the two largest and most influential retailers in the United States into a fierce duel for control of one of the world’s largest online trading markets. It is expected that more customers will come in the coming years. This battle could yield positive benefits for Indian consumers, drive price competition, and provide more online products to choose from, especially given Wal-Mart’s long-term strategy of providing consumers with a wide range of low-priced products.
Amazon’s earlier commitments and Flipkart’s expected growth are likely to create new jobs in India, boost consumer demand and establish a growing supply chain infrastructure in India, bringing economic benefits to the Indian economy.
The upcoming war between online retail giants could also negatively impact smaller competitors by squeezing them out of the market. Independent online sellers on Flipkart also expressed concern that Wal-Mart could effectively cannibalize the Flipkart market by flooding its own branded products at super competitive prices, weakening prices, and forcing them to withdraw from the online retail market.
If you’re looking for United States Flipkart stores, you’ve come to the right place. Flipkart does not offer international shipping. But we do.
Do you enjoy shopping at Flipkart in the United States?
We believe you will. With a wide variety of fashion clothes, home appliances, electronic products, etc., everyone is sure to shop on this huge e-commerce website. All Flipkart stores in the United States can also shop with us.
Can Flipkart ship to the United States?
Flipkart does not ship to the United States. Therefore, it is difficult for all NRI/PIOs to shop at Flipkart as it does not do Flipkart international transportation. The shopper is the holy grail for all Flipkart NRI/PIO stores during their stay in the United States. You can easily buy anything you want.
So, how does NRI/PIO Flipkart conduct international transportation?
You can shop conveniently and conveniently in the stores of Flipkart USA. You can shop at Flipkart through ShoppRe.com and ship all your store products to the United States with ease.
Simple steps to shopping here:
- First, you need to register on Shoppre.com if you haven’t registered yet. Then you will receive a free virtual Indian shipping address, which you can use when shopping on Indian shopping sites.
- Go to Flipkart and buy all your favorite products in no time. Choose the cash on delivery option at checkout. In addition, add the virtual Indian shipping address that Shopper provided you.
- Your shipment from Flipkart arrives at our warehouse, and we pay for it.
- Once all your orders have arrived, we package them as one piece and ship them to your physical delivery address in the United States, with an 80% reduction in shipping costs.
- Next, you need to submit a shipping request for your order. After receiving your shipping request, we will send it within 24 hours. You will receive your order in 6 business days.
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