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Amazon-Flipkart's mystery sellers, Bluestone cuts IPO valuation and new UPI milestone clocked | MC Tech3

Amazon-Flipkart's mystery sellers, Bluestone cuts IPO valuation and new UPI milestone clocked | MC Tech3

Episode 4744 Published 7 months ago
Description
In today's Tech3 from Moneycontrol Amazon and Flipkart’s top sellers are clocking massive revenues, but with razor-thin profits and rising regulatory heat. Jewellery brand Bluestone tones down its IPO valuation but hopes to shine with its phygital strategy. Meanwhile, UPI hits a record 707 million daily transactions, but funding cuts raise questions on sustainability. And Indian audio firms scramble as China’s export curbs on rare earth metals disrupt production.
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