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BUSINESS
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, considering it critical for the company’s omni strategy. However, looks like 4 years down the line…
NEWS
Flipkart may start offering discounts on single box deliveries later this month: Report
Logistics is one of the crucial factor for an e-commerce business and companies are spending a lot of money on logistics, which impacts the revenues. To reduce logistics…
BUSINESS
In a bid to rival Amazon, Walmart acquires Jet.com for $3 Billion
And the American e-commerce war begins!! As Amazon arms itself up with cargo planes (and drones ?) Walmart has today announced that it has decided to acquire two-year old…