Inspired By Alibaba, India’s Flipkart Eyeing U.S. IPO? – Zacks | In The News

“In May last year, co-founder and chief executive officer of India’s leading online retailer Flipkart.com, Sachin Bansal, called Chinese e-commerce giant, Alibaba Group Holding Limited (BABA – Analyst Report) a role model. And it seems like he was very serious about it. It is the growth story, not the profit story, that investors eye in the US,” says Yugal Joshi, practice director at Everest Group.” Read More.

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