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Flipkart launches a new wholesale e-commerce platform called “Flipkart Wholesale”
After having acquired Walmart’s India wholesale business earlier in July, Flipkart has today formally launched a new ecommerce platform, targeted at the mammoth wholesale opportunity in India. Dubbed…
BUSINESS
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 parent, and has acquired Walmart’s entire business in India, ahead of the launch of its wholesale…
BUSINESS
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 has apparantly turned to its own acquired e-commerce platform, Flipkart. According to an ET report citing…
BUSINESS
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 over $16 billion Flipkart acquisition resulted in some obvious financial drains, the company’s core ‘Walmart’ branded…