Walmart-owned Flipkart enters social commerce space with Shopsy

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Walmart-owned homegrown e-commerce company Flipkart has forayed into the social commerce space, intensifying the competition in the market that is set to become a USD 60–70 billion opportunity by 2030. The Bengaluru-based firm has rolled out a separate platform for social commerce called Shopsy, which will compete with startups like SoftBank-backed Meesho, InMobi-owned Shop101, Korea Investment Partners-backed GlowRoad, and CityMall,…
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