The first big sale of the season saw Flipkart Group capturing 58 percent market share to Amazon's 26 percent, according to advisory firm RedSeer Consulting. Flipkart is said to have maintained its leadership since then. In an investor presentation after announcing the deal, Walmart has disclosed that Flipkart Group had a GMV of $7.5 billion last fiscal. A slide showing Flipkart Group's growth from the Walmart presentation to investors Look at the sharp rise in sales in the chart above. At the same time, Flipkart had managed to keep costs down. In FY 2017, the fiscal for which Flipkart has released detailed financials, losses rose only by 2.4 percent. The same fiscal, Flipkart's employee expenses and advertising and marketing expenses - both its key cost areas - rose by less than 10 percent.