Companies Shelve IPOs Rather Than Face Volatile Wall Street
PYMNTS
MARCH 11, 2020
Interestingly, news is coming out of India that, as stated by Walmart Chief Financial Officer Brett Biggs, eCommerce firm Flipkart , majority owned by Walmart , may launch an IPO at an undetermined date. Biggs said the company’s losses will “be pretty similar” to losses seen last year.
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