Why You Can’t Invest in Flipkart Yet
Indian online retailer Flipkart has quickly mustered a valuation tallying into the billions and has drawn comparisons to competitors like Amazon (NASDAQ: AMZN). In a year where e-tailer stocks like Amazon and China's Alibaba (NYSE: BABA) have turned in huge returns, people may be hoping to also buy some Flipkart stock. But that's not possible as Flipkart remains a private company.
Here are the details investors need to know and some alternative investment ideas.
Image source: Getty Images.
Source: Fool.com
Amazon.com Inc. Stock
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As a result the target price of 189 € shows a slightly positive potential of 9.31% compared to the current price of 172.9 € for Amazon.com Inc..
