The Future Of Retail With eCommerce, Subscriptions

By  |  July 13, 2021
 | 
Flipkart and Amazon apps

Walmart’s Indian eCommerce venture Flipkart has landed a new round of fundraising ahead of a possible initial public offering (IPO). And, in recurring revenue, an American Express veteran is taking over as head of the Walmart+subscription program, which rolled out in September 2020 as a foil to Amazon Prime. All this, Today in Data.

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    Data:

    350M: Minimum number of registered users Flipkart now boasts.

    171.4M: Sum of Amazon Prime members as of June 2021.

    $3.6B: Amount of funding Flipkart Group recently announced it raised.

    20%: Share of U.S. consumers who have both an Amazon Prime and a Walmart+ account, as per PYMNTS data.

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    1.6M: Minimum count of kiranas Flipkart said it now works with through its wholesale business and last-mile delivery program.


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