Flipkart leads Q4FY21 international net sales for Walmart

The CEO said that although the penetration of e-commerce in the country is low, it is growing rapidly. “We are well positioned to grow as an emerging middle class spends more money through mobile phones. In India, our momen

The CEO said that although the penetration of e-commerce in the country is low, it is growing rapidly.

Huroon Global 500: वालमार्ट में 22 लाख कर्मचारी कर रहे हैं काम, टॉप 10 एंप्लायर में TCS भी शामिल

हुरून ग्लोबल 500 लिस्ट के मुताबिक दुनिया भर में सबसे अधिक लोगों को रोजगार वालमार्ट उपलब

Huroon Global 500 check here top 10 largest employer and smallest employer tcs in top 10 largest employer and walmart on top spot

Walmart: Lockdown impact on Flipkart ‘negatively’ affects international sales by nearly 7% in Q2 FY21

Walmart said that since the relaxation in lockdown guidelines, the gross merchandise value (GMV) at Flipkart has exceeded pre-Covid-19 levels.

“Net sales included the effects of the government-mandated closure of the company’s Flipkart business in India for a portion of the quarter, as well as similar actions in markets in Africa and Central America,” Walmart said.

Flipkart Wholesale: Flipkart की हुई वॉलमार्ट इंडिया, अगस्त में लॉन्च करेगी ‘फ्लिपकार्ट होलसेल’ डिजिटल बाजार

Flipkart Wholesale: वॉलमार्ट इंडिया देश में ‘बेस्ट प्राइस’ (Best Price) नाम से थोक दुकानों का परिचालन करत

Flipkart acquires Walmart India to launch Flipkart Wholesale digital market in August 2020

Flipkart launches B2B marketplace for kiranas amid JioMart’s rise; acquires Walmart’s wholesale business

Flipkart also acquired the wholesale business of its parent company Walmart in India. It announced acquiring 100 per cent interest in Walmart India that owns and operates 28 Best Price cash and carry wholesale stores offering

Vocal for local: After UP, Jharkhand, Punjab, Karnataka, Flipkart to onboard artisans from this state

Technology for MSMEs: Flipkart has been partnering with different state governments and government organisations including Uttar Pradesh, Jharkhand, Punjab, and Gujarat under its Samarth initiative launched in July last year

Flipkart में वॉलमार्ट लगाएगी 9000 करोड़ रु, Amazon और JioMart से प्रतिस्पर्धा में होगी मदद

फ्लिपकार्ट में वॉलमार्ट बहुलांश शेयरधारक है.

Tiger Global sold stake in Flipkart to avoid tax, says Tax dept; rejects application on withholding tax

AAR noted that the “transaction was designed prima facie for avoidance of tax” and hence there is an “inescapable conclusion” that the Tiger Global entities in Mauritius were set up to derive benefit under India-Mauri

40-day full lockdown impact on Flipkart ‘negatively’ affects Walmart International’s growth in Q1 2020

Walmart's revenues grew 8.6 per cent from $123.9 billion in Q1 2019 to $134.6 billion in Q1 2020, exceeding Wall Street’s expectations of $132.80 billion.

Flipkart’s business ‘discipline’ impresses Walmart again despite expecting losses similar to last year

Walmart in a US SEC filing on May 9, 2018, had indicated the Flipkart IPO "following the fourth anniversary of closing of the Transactions."

India helps Walmart’s international sales grow in FY20; overall revenue increases by $9.6 billion

Walmart International, which has operations in 10 countries, saw e-commerce contributing 12 per cent of its total sales led by Flipkart and online grocery sales in other markets.

Rural India helps Amazon, Walmart’s Flipkart clock record revenue from festive sales

Millions of Indians are moving online thanks to inexpensive smartphones and some of the lowest wireless data rates in the world.

US shooting: Police say suspect shot, apparently dead

Police say there are no confirmed gunshot victims at a Wal-Mart in Amarillo, Texas, amid reports that an armed person was at the store.


Wal-Mart names China boss Sean Clarke to run Britain’s Asda

Wal-Mart has turned to the chief of its Chinese business Sean Clarke to revive Asda, its British supermarket group which has been the biggest casualty in an industry price war that has hammered its sales for nearly two years.

Sean Clarke

Walmart Canada to stop accepting Visa, says fees too high

Walmart Canada stores will stop accepting Visa Inc cards as the credit card provider charges merchants "unacceptably high" fees, the retailer said on Saturday.

How to protect your debit and credit cards against fraud

Wal-Mart’s CEO urges employees to re-imagine company’s future

Wal-Mart's CEO urged employees on Friday to reimagine its future in a fast-shifting retail landscape.

WalMart testing Uber, Lyft for online grocery delivery

The tests with Uber and others come as WalMart is also rapidly expanding its curbside grocery delivery to 14 new markets for a total of 54 markets and in over 200 stores. That allows...

Wal-Mart: Key facts about about the retail giant

Some facts about Wal-Mart: Number of stores: Wal-Mart operates over 11,500 stores under more than 70 banners in 28 countries including the U.S. In the U.S., the company operates more than 5,200 stores including more than 600

WalMart seeks overseas success by going native in China

WalMart landed in China in 1996, a year behind Carrefour, opening two stores in Shenzhen a WalMart supercenter and a Sam's Club. They were the first....

Sean Clarke

Wal-Mart profit beats expectations; stock jumps

Wal-Mart Stores Inc on Thursday reported a higher-than-expected quarterly profit as sales in the U.S. market rose, an improvement the retailer attributed in part to its increasing wages, and its shares jumped nearly 8 percent

Wal-Mart sharpens Amazon attack with 2-day delivery service

Wal-Mart last year announced that it was testing the new service, its own version of Amazon Prime's two-day shipping.


Walmart sues Visa for resisting use of PIN-based transactions

Walmart Stores Inc filed a lawsuit against Visa Inc, saying the payments network operator was resisting the use of personal identification numbers (PINs) by customers for purchases made on debit cards at its stores.

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Will evaluate opportunities in processed food retail: Walmart

With India allowing 100 per cent FDI in processed food retailing, US retail giant Walmart said it will evaluate opportunities in the segment while it gears up for the next phase of opening up of new cash and carry stores in t

Sean Clarke

Wal-Mart shrinks board to 12, founder’s son Jim Walton to retire

Wal-Mart Stores Inc said on Wednesday it will shrink its board by three members to 12, bringing it closer to U.S. corporate norms in a move the largest U.S. retailer hopes would allow it to respond more nimbly to rapid market

Wal-Mart CEO Doug McMillon pay rises slightly to $19.8 million: Filing

Wal-Mart Stores Inc Chief Executive Doug McMillon's pay rose slightly to $19.8 million in the year ended January 31, a regulatory filing on Wednesday showed, even as profit at the world's largest retailer fell on higher costs

Alibaba likely to surpass Walmart as world’s top retailer

Chinese e-commerce giant Alibaba is expected to surpass the US multinational firm WalMart soon as the world's largest retail platform with its total trading volume this fiscal year set to exceed USD 463.3 billion, an official

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