Browsing Tag

walmart

33 posts

Walmart pumps $600Mn in Flipkart as part of $1Bn fundraise

Flipkart, the now Walmart owned Indian e-commerce giant, has reportedly moved closer…

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…

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…
PhonePe Flipkart

PhonePe raises $700Mn in fresh round, becomes a separate business unit

Flipkart, the Indian e-commerce giant, has announced on Thursday that it has…
India

Notices issued to Flipkart and Amazon India for failing to comply with ‘country of origin’ rule

India’s Ministry of Consumer Affairs has issued notices to Walmart-owned Flipkart and…
Tata

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

Flipkart gets $560 million investment from parent Walmart

In preparation of the festive season in India, which is one of…
TikTok

‘TikTok Global’ set for an American comeback; this time with majority US holding

A recent report from Reuters has all but given us a clear…
Flipkart

Flipkart preparing to go public overseas by 2021: Reuters

Indian ecommerce giant Flipkart, which was snapped up by Walmart in a…
TikTok

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 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,…
PhonePe

Flipkart-owned PhonePe launches one click payments in partnership with Visa

PhonePe, the primarily UPI-powered digital payments services owned by Flipkart (which is…
Amazon Prime

Amazon to speed up its ‘same day’ delivery in select U.S. cities

Amazon might be fast, but it’s not the fastest. At least not…

Walmart to turn few of its stores into Flipkart fulfilment centres: Report

A few weeks ago, Walmart sacked more than 50 employees in India…
Flipkart

Now Flipkart moves against Competition Commission’s antitrust probe

While Amazon vs India’s competition regulator CCI (Competition Commission of India) has…

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…