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    National

    What’s wrong with Flipkart as it’s been devalued again to $9 bn?

    What’s wrong with Flipkart as it’s been devalued again to $9 bn?

    Flipkart has ruled the etail business in India since 2007 when it was first launched as the online bookstore. Over the years, because of the promises it showed, its valuations soared as investors from all over the world lined up at its doors.
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