This scenario echoes in India's e-commerce industry which took a massive hit when Morgan Stanley marked down the value of its investment in leaderFlipkart by 27 per cent to $58.9 million between June and December. Experts say the move will affect the overall value of the company. Full Details
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Thursday, 10 March 2016
Flipkart's woes sound alarm over start-up valuations
This scenario echoes in India's e-commerce industry which took a massive hit when Morgan Stanley marked down the value of its investment in leaderFlipkart by 27 per cent to $58.9 million between June and December. Experts say the move will affect the overall value of the company. Full Details
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