valuation markdown

Morgan Stanley slashes Flipkart's valuation to $5.54 billion

Indiaretailing Bureau - November 29, 2016

US-based mutual fund Morgan Stanley has marked down the value of its shares in India's largest e-commerce marketplace Flipkart by 38 per cent, dropping the valuation of the company significantly low to $5.58 billion. Read: Morgan Stanley slashes Flipkart valuation 3rd...

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