Thursday, 1 October, 2026
Waiting on Wall Street: Flipkart Weighs ESOP Cash-Outs as IPO Stalls
By TechShots Studio
Walmart-backed Flipkart is considering a new employee stock ownership plan (ESOP) buyback to appease staff. The move comes amid growing internal anxiety and delays surrounding the e-commerce giant's much-anticipated initial public offering (IPO), as parent company Walmart prioritizes long-term profitability over an immediate public market debut.