Flipkart, the now Walmart owned Indian e-commerce giant, has reportedly moved closer…
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Walmart pays $3.5Bn to buy out existing Flipkart shareholders, increases stake to over 80%
In a strategic move, American retail giant Walmart revealed that it has…
Walmart pays $1.4Bn to buy Tiger Global’s Flipkart stake, valuing Flipkart at $35Bn
Earlier this year, investment firm Tiger Global was contemplating divesting its stake…
Flipkart-parent Walmart puts $200Mn in digital payments major PhonePe
Fintech major PhonePe has secured an additional $200 million from its parent…
Into the Metaverse! Walmart plans metaverse debut, could roll out its own cryptocurrency and sell NFTs
The race for the metaverse is getting intense. Facebook started it all…
Flipkart and Walmart pump in $145 million in agritech upstart Ninjacart
For the third time, e-commerce behemoth Flipkart has invested in Ninjakart, the…
WhatsApp gains NPCI approval to roll out its payment system in India, Google and Walmart suffer new restrictions
The National Payments Corporation of India (NPCI) has given the nod of…
Walmart to reportedly invest a record $20-25 billion in Tata group’s new ecommerce ‘super app’
Looks like India’s traditional industrial conglomerates have risen up to the massive,…
Flipkart gets $560 million investment from parent Walmart
In preparation of the festive season in India, which is one of…
Walmart wants a piece of the Microsoft-TikTok deal, even Oracle places a bid
The TikTok saga saw a lot of exciting additions today, as Walmart…
Flipkart acquires Walmart’s India wholesale business to launch a marketplace for ‘kirana’ stores
Walmart backed Flipkart has decided to carry forward the legacy of its…
Walmart leads $1.2Bn investment in Flipkart’s e-commerce business
Walmart seems to have finally woken up to fierce competition in the…
Walmart shuts Jet.com, Flipkart’s limited operations negatively impact growth in Q1 2020
In 2016, Walmart took over then e-commerce newbie Jet, for nearly $3.3B,…
Walmart to turn few of its stores into Flipkart fulfilment centres: Report
A few weeks ago, Walmart sacked more than 50 employees in India…
After failing to find buyers, Walmart could sell its wholesale business in India to Flipkart
After being unable to find a buyer for its wholesale business, Walmart…
Amid declining business, Walmart India fires top executives across divisions, halts expansions
World’s largest retailer Walmart is struggling in the Indian market. While the…
PhonePe gets $100 million from Flipkart-parent Walmart
Walmart is looking to go big in the aggressively expanding Indian digital…
Walmart Labs acqui-hires ML-powered data annotation startup Dataturks
Walmart Labs, which is a product development arm of US-based retail giant…
Walmart Labs acqui-hires AI and machine learning startup Int.AI
Walmart Labs India, which is the local product development division of US…
Flipkart employees to reap acquisition dividends as Walmart looks to buy $800 Mn worth of ESOPs
Flipkart’s employees are in for some huge dividends for their continued faith…
Binny Bansal underscores the “Walmart overpaid for Flipkart” chatter
Earlier this year, India-based online marketplace Flipkart was acquired by US-based retail…