Walmart Reportedly Pushes Flipkart IPO to 2028 as Profitability, Pipeline Concerns Mount
Walmart has asked Flipkart to defer its $8-10 billion listing to 2028, citing a crowded 2026 IPO pipeline featuring NSE, Reliance Jio, Zepto and Oyo, alongside soft market conditions. The e-commerce giant is expected to wait for stronger profitability and EBITDA breakeven, echoing PhonePe's earlier listing deferral.
Walmart has asked Flipkart to defer its $8-10B IPO to 2028, citing profitability gaps and a crowded 2026 listing pipeline.
NDTV Profit · 5/15/2026, 7:49:04 AM · Ask about this →