Overview
- Walmart said after its Q1 FY27 earnings call on Friday that Flipkart now runs more than 800 micro‑fulfilment centres and delivers orders in under 13 minutes on average across more than 30 Indian cities.
- The quick‑commerce scale helped lift Walmart International: ecommerce sales rose 27% year‑over‑year and advertising revenue grew 32% in the quarter ended April 30.
- Walmart reported that international operating income increased 23.9% to $1.6 billion for the quarter, with executives citing Flipkart and China operations as key drivers.
- Media reports say Walmart, which now owns just over an 80% stake in Flipkart, has instructed the business to prioritise EBITDA breakeven for FY27 and to pause a planned $2–2.5 billion pre‑IPO fundraising, leading Flipkart to defer its IPO.
- Flipkart is continuing to scale quick‑commerce operations by targeting roughly 1,200 dark stores and planning a Bengaluru food‑delivery pilot, a move that could widen its reach and test new revenue streams while the parent presses for nearer‑term profits.