PhonePe, Walmart and IPO

Walmart’s PhonePe prepares for public listing in India
Walmart-owned PhonePe is gearing up for an IPO in India, aiming to leverage favorable market valuations. After completing its separation from Flipkart and moving its headquarters to India, PhonePe is well-positioned with significant growth in the fintech market and a current valuation of $12 billion.
Walmart CEO says PhonePe FinTech business making preparations for IPO in India
CEO says PhonePe FinTech business making preparations for IPO in IndiaDiscover the Best Stocks and Maximize Your
PhonePe has long aspired to go public, excited to take early steps towards IPO: Walmart CEO Doug McMillon
While announcing its listing plans, PhonePe said it has established a clear corporate structure with each of its new non-payment businesses as fully owned subsidiaries. It had redomiciled from Singapo
Walmart-backed PhonePe prepares for Indian stock market debut
Walmart-backed Indian fintech firm PhonePe is beginning preparatory steps for a public listing on the country's stock exchanges, the company said on Thursday. "PhonePe's strong top-line and bottom-line growth across its diverse business portfolio,
Stock Market Today: Nifty level; Flash Mfg PMI; PhonePe, NSDL IPO; Walmart
Stock Market Today, Friday, February 21, 2025: A weak handover from Wall Street and Asia peers may limit upside in the India stock market today. At 7:15 AM, GIFT Nifty futures were quoting at 22,866 level, down 77 points.
Walmart-backed PhonePe gears up for potential IPO on Indian exchanges
PhonePe, which redomiciled from Singapore to India in December 2022, stated it has established a clear corporate structure, with each of its new non-payment businesses as fully owned subsidiaries. In a statement,
Timing of Flipkart’s Big Billion Days sale impacted growth in Q4, says Walmart CFO John David Rainey
The shift in Flipkart’s sale event resulted in flat growth for Walmart’s overall international revenues. The ...
Walmart faces some tariff challenges as Wall Street awaits record-breaking sales
The retailer serves as a barometer for consumer spending due to its scale and commanding market share of the U.S. retail ...
India's toy box opens: Retail giants roll dice on direct sourcing
The country is not traditionally known for toy exports, but this financial year (2024-25) seems to be turning the tide. As ...
Walmart Set For Record Sales Amid Tariff Concerns: 'One Of The Better-Positioned Retailers To Mitigate Or Manage Through Tariffs', Says Analyst
As Walmart Inc. (NYSE: WMT) gears up to announce its annual results on Feb 20, Wall Street anticipates record-breaking sales.
Walmart, Palantir stock prices are falling. Here are reasons behind Wall Street bloodbath
Walmart share prices on Thursday slid 6 per cent and Palantir Technologies stocks tanked 9.7 per cent. With a sell-off in ...
Can Walmart sustain its momentum amid 2025 challenges?
Global e-commerce sales rose 16% in the latest quarter, notably slower than the 27% increase in the third quarter.