Flipkart, PhonePe IPO May Take Couple of Years, Says Walmart Executive

Flipkart, PhonePe IPO May Take Couple of Years, Says Walmart Executive
Initial public offerings of Walmart's Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. Walmart may put an initial public offering of PhonePe ahead of Flipkart, even though Flipkart is a more mature business.