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Walmart asks Flipkart to defer IPO, focus on EBITDA breakeven by FY27: report (WMT:NASDAQ)

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Walmart (WMT) has reportedly asked India-based e-commerce major Flipkart to defer its initial public offering plans for now and instead focus on achieving EBITDA breakeven before the end of financial year (FY) 2027.

The decision to prioritise profitability over raising

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