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Flipkart extends lead in Indian ecommerce, Myntra widens lead in fashion, says BofA
Flipkart Group solidifies its e-commerce dominance in India, with Myntra leading the online fashion segment, according to a Bank of America Securities report. Despite intense competition, consumer demand remains robust, defying concerns about slowing discretionary spending. The report highlights resilient growth across various internet sectors, including online travel, quick commerce, and logistics, with AI adoption poised to enhance customer experience and optimize costs.
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thehindubusinessline.com
Flipkart, Myntra see resilient demand despite consumption concerns: BofA
Flipkart and Myntra show strong consumer demand, defying concerns over inflation and reduced spending, reports Bank of America.
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economictimes.indiatimes.com
Flipkart extends lead in Indian ecommerce, Myntra widens lead in fashion, says BofA
Flipkart Group solidifies its e-commerce dominance in India, with Myntra leading the online fashion segment, according to a Bank of America Securities report. Despite intense…
