MARKETS & IPO
Flipkart's Logistics Revenue Rose 2.4 Times…
StartupFox
Flipkart's Logistics Revenue Rose 2.4 Times While Its Marketplace Commissions Fell 44 Per Cent
Logistics revenue rose 2.4 times as marketplace commissions fell 44 per cent. A third of the reported loss was non-cash ESOP charges.
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STARTUPS
Urban Company Loses ₹279 On An…
StartupFox
Urban Company Loses ₹279 On An Order Worth ₹114, And Is Raising ₹2,500 Crore To Keep Going
Loss per order fell 19 per cent. Order value fell 17 per cent. The board approved a ₹2,500 crore raise the same day.
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