Page 5 of Walmart

Flipkart clocks over 200 million fashion products 2022 Spring-Summer season

The season saw close to 1.75 lakh fashion sellers participating and they came from metros as well as Tier 2…

June 2, 2022 03:15 IST

Policymakers in other countries as well are looking at ways to rein in big tech companies' dominance of online purchases.

India lines up banks, others for e-commerce scheme to take on Amazon, Walmart

Some of India’s biggest banks are in discussions about setting up “buyer platforms” to let their customers place orders for…

June 1, 2022 20:20 IST

PhonePe to acquire 2 wealth management firms as Walmart to take on Amazon in India

PhonePe will buy WealthDesk for about $50 million and OpenQ for nearly $25 million, two sources directly aware of the…

May 18, 2022 13:52 IST

Flipkart opens supply chain arm eKart to other businesses

Flipkart is now in direct competition with leading logistics companies like Delhivery, Bluedart and Ecom Express.

April 29, 2022 02:13 IST

Flipkart, which competes with Amazon.com Inc in India's booming e-commerce space, had earlier set an IPO valuation goal of $50 billion. (File)

Walmart’s Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing, say sources

Just last year, Flipkart raised $3.6 billion in a funding round, giving it a valuation of $37.6 billion.

April 7, 2022 15:20 IST

Flipkart forays into healthcare sector; launches Flipkart Health Plus app

Flipkart Health Flipkart Health Plus platform will onboard over 500 independent sellers with a network of registered pharmacists for validation…

April 6, 2022 22:21 IST

It can be noted that the company acquired Flipkart and PhonePe in a USD 16 billion deal a few years back.

Walmart not keen to open retail stores in India; to focus on Flipkart, PhonePe

The retailer is focused on ensuring that it is seen as a “good partner” for the country and has attempted…

March 11, 2022 19:06 IST

Wider use of digital technology and extension services will be helpful in information sharing and generating awareness among the farmers. (File/Reuters)

Investments in Agri sector technology are stirring the pot for this traditional space

Over the last couple of years, there has been an exponential flow of investments in the agri-tech sector, which is…

March 1, 2022 11:36 IST

Mukesh Ambani, Reliance Industries, RIL, Reliance, Fortune List, Walmart, SBI

Mukesh Ambani’s RIL slips 59 places on Fortune list, SBI jumps 16 notches

Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic

August 2, 2021 22:02 IST

Amazon, Tata say Indian govt e-commerce rules will hit businesses: Sources

The government’s tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the…

July 3, 2021 21:30 IST

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

Covid-led operational curbs in India impacted business: Walmart

Most Indian states have imposed lockdowns and curfews to tame a deadly spike in cases. In some markets, including the…

May 19, 2021 06:00 IST

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, 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

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