Monthly active users at all-time high for Flipkart

Bengaluru: American retail giant Walmart Inc. on Tuesday said that its Indian e-commerce unit Flipkart and payment app PhonePe have seen a strong quarter on the back of ‘Big Billion Day’ sales, with monthly active users (MAU) on an all-time high for the Indian e-tailer.

The retail giant in its August-October quarter earnings release said net sales for Walmart International stood at $29.6 billion, up 1.3% from the year-ago quarter on account of strong growth registered by Flipkart in India, as well as from its operations in Canada and Mexico.

“In India, Flipkart and PhonePe have seen a strong quarter, with monthly active users (MAUs) being on an all-time high for the platforms,” said Doug McMillon, president and CEO, Walmart Inc on an earnings call.