Page 5 of Walmart

Flipkart announces measures to support sellers amid COVID-19

Flipkart has exempted the storage fees to curb the impact that any seller may have on their inventory that is…

May 7, 2021 21:51 IST

Amazon Seller Services gets fresh fund infusion of Rs 915 crore

The fresh infusion is expected to provide more arsenal to Amazon in India to compete more aggressively against rivals like…

May 7, 2021 20:32 IST

Walmart’s financial calendar runs from February to January, thereby partially capturing the impact of India’s curbs in its books.

Walmart, Flipkart, associate entities to scale up support for India’s COVID-19 battle

Previously, Walmart, Flipkart Group and the Walmart Foundation had provided Rs 46 crore (USD 6.2 million) in financial and in-kind…

April 30, 2021 12:50 IST

E-tail’s doing well, wrap it in red-tape!

The draft e-commerce guidelines make little sense & will end up giving bureaucrats more control over the sector

Updated: March 22, 2021 00:13 IST

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…

February 19, 2021 02:45 IST

“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.

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.

August 18, 2020 21:24 IST

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…

Updated: July 23, 2020 12:44 IST

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…

July 15, 2020 14:11 IST

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”…

Updated: June 3, 2020 13:19 IST

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…

May 19, 2020 19:28 IST

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…

Updated: March 8, 2020 13:47 IST

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…

February 19, 2020 13:41 IST

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…

October 7, 2019 18:59 IST

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…

Updated: June 14, 2016 23:51 IST

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…

June 13, 2016 16:59 IST

How to protect your debit and credit cards against fraud

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…

Updated: June 12, 2016 06:42 IST

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.

June 3, 2016 23:58 IST

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…

June 3, 2016 11:20 IST

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