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Flipkart's Big Billion Days event lifts Walmart's International Q3 sales number

Flipkart's Big Billion Days event lifts Walmart's International Q3 sales number

Tue, Nov 19, 2024

US-based retail giant Walmart on Tuesday said its international sales in the third quarter got a boost from the 'Big Billion Days' sales event by its Indian e-commerce arm Flipkart.

PhonePe, Liquid Group partner to expand UPI QR payment service in Singapore

PhonePe, Liquid Group partner to expand UPI QR payment service in Singapore

Wed, Sep 11, 2024

The collaboration will allow PhonePe users travelling to Singapore to scan and pay using the app at Liquid Group's merchant base.

Wipro top-level exits continue as CTO Subha Tatavarti steps down

Wipro top-level exits continue as CTO Subha Tatavarti steps down

Tue, Aug 13, 2024

Before joining Wipro, she led different roles at Walmart and PayPal, among others. She was recognised in "Top 100 Executive Women in Tech to Watch" earlier this year by the WomenTech Network.

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Walmart, Philip-Van Heusen, Reliance Trendz others taking part in Farm to Fashion textile expo

Walmart, Philip-Van Heusen, Reliance Trendz others taking part in Farm to Fashion textile expo

Thu, May 03, 2018

The Farm to Fashion expo, to be held in the city beginning May 4, will act as a liaison between garment and fabric manufacturers from Gujarat and retail giants likes Walmart, Philip-Van Heusen (PVH Corp), Gini and Jony, Reliance Trendz, Arvind Ltd, and Simba Fashions (Bangladesh), who will be attending it.

Flipkart-WalMart deal talk: It is not about Jeff Bezos led Amazon

Flipkart-WalMart deal talk: It is not about Jeff Bezos led Amazon

Mon, Apr 30, 2018

Flipkart, in which Walmart has proposed to take a major stake, has a lot to learn from Walmart in terms of work culture and operations, while Walmart can take a leaf or two out of Flipkart’s book in innovation.

How India, UK is helping Walmart attempt global turnaround

How India, UK is helping Walmart attempt global turnaround

Mon, Apr 30, 2018

The moves underscore Walmart’s renewed focus on catching up with competitors, ranging from grocer Aldi Inc to Amazon.com Inc, in key international markets. The retailer’s underperforming international business contributed less than a quarter to its total revenue of $500.3 billion in fiscal 2018.

Flipkart, Walmart case: Bharti seeks policy parity on FDI in etailing and retail

Flipkart, Walmart case: Bharti seeks policy parity on FDI in etailing and retail

Sat, Apr 28, 2018

Bharti Enterprises had first tied up with Walmart for a wholesale retail venture but ended it in 2013 due to a slew of factors, including regulatory policies on foreign direct investment caps in multi-brand retail

Flipkart sale: As Walmart battles Amazon, who really owns the Indian e-retailer?

Flipkart sale: As Walmart battles Amazon, who really owns the Indian e-retailer?

Tue, Apr 24, 2018

Flipkart sale: With Walmart looking at controlling stake in Flipkart, all eyes have turned on Tiger Global, Softbank and Naspers. Why? Find out!

This is when Flipkart sale to Walmart could happen; Amazon.com set to lose race

This is when Flipkart sale to Walmart could happen; Amazon.com set to lose race

Sat, Apr 21, 2018

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday

Flipkart sale may be a snap deal for Walmart; here is how

Flipkart sale may be a snap deal for Walmart; here is how

Fri, Apr 13, 2018

A deal with Flipkart would step up Walmart’s battle with Amazon.com for a bigger share of India’s fledgeling e-commerce market, which Morgan Stanley estimates will be worth $200 billion in a decade. As per media reports, Amazon is exploring a possible counter offer for Flipkart.

Flipkart stake sale: Walmart close to buying majority in e-retailer; deal likely in June

Flipkart stake sale: Walmart close to buying majority in e-retailer; deal likely in June

Thu, Apr 12, 2018

Walmart will buy both new and existing Flipkart shares, with the new shares expected to value the Bengaluru-based firm at at least $18 billion, the sources said. The price for existing shares would value the firm at about $12 billion, one of the people said. Japan`s SoftBank Group, which owns roughly one-fifth of Flipkart via its Vision Fund, is unlikely to sell any of its shares due to the low price being offered for the existing shares, this source said.

Flipkart stake buy: Walmart completes due diligence; eyeing 51% controlling stake

Flipkart stake buy: Walmart completes due diligence; eyeing 51% controlling stake

Fri, Apr 06, 2018

Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the U.S. retail giant looks to take a controlling stake of 51 percent or more in the Indian company.

Amazon.com may offer to buy Flipkart, even as ecommerce major talks to Walmart

Amazon.com may offer to buy Flipkart, even as ecommerce major talks to Walmart

Wed, Apr 04, 2018

A deal with Walmart is more likely to go through, according to people with knowledge of the matter, a report said. Amazon declined to comment while Flipkart did not immediately respond to a request seeking comment. Walmart is in talks to buy a stake of over 40 percent in Flipkart, a direct challenge to Amazon in Asia`s third-largest economy

Walmart patents hint at future where farmers will use its drones to spot crop problems, apply chemicals

Walmart patents hint at future where farmers will use its drones to spot crop problems, apply chemicals

Thu, Mar 15, 2018

In US agriculture, drones are most often used to survey farms that can span hundreds of acres. The devices fly above fields and take photos that help growers estimate the size of upcoming harvests or identify problems, such as weed infestations and nutrient deficiencies.

Walmart in talks to buy more than 40% of Flipkart: Sources

Walmart in talks to buy more than 40% of Flipkart: Sources

Fri, Feb 16, 2018

A deal with Walmart would give Flipkart much needed muscle in its fight against Amazon, which has committed to investing $5 billion in India as it expands aggressively, including into online grocery deliveries.

Welspun India Q3 net falls 47.07% to Rs 79.51 crore

Welspun India Q3 net falls 47.07% to Rs 79.51 crore

Tue, Feb 13, 2018

The company said its income declined on account of volume decline due to customer destocking, coupled with GST impact on duty drawback

Walmart makes push to sell online goods at $10 and up to capture elusive e-commerce profit

Walmart makes push to sell online goods at $10 and up to capture elusive e-commerce profit

Thu, Feb 08, 2018

Walmart Inc is asking vendors to supply it with more merchandise priced at $10 and up, as part of a major push to finally turn a profit at its online business, according to four people with knowledge of the matter.

Cyber Monday showdown: Wal-Mart closes in on Amazon in online price war

Cyber Monday showdown: Wal-Mart closes in on Amazon in online price war

Mon, Nov 27, 2017

Prices at Walmart.com are now only 0.3 percent more expensive than Amazon on average, according to the study by retail data analytics firm Market Track, which analyzed prices of 213 products in 11 categories over a period of 700 days ending November 7, 2017.

Walmart India recognised among 100 best companies for women

Walmart India recognised among 100 best companies for women

Sat, Nov 18, 2017

Walmart India, the wholly owned subsidiary of Walmart Stores Inc, was recognised among the 100 Best Companies for Women in India in 2017 as per a study.

Edu-tech start-up Smartivity represents India at Dallas Fall Toy Fair 2017

Edu-tech start-up Smartivity represents India at Dallas Fall Toy Fair 2017

Thu, Oct 05, 2017

Some of the high profile retailers include Amazon, Dollar Tree Stores, Hobby Lobby Stores, Michael’s, Toys“R”Us, Target and Walmart with International representatives from about 20 countries

Zee Business Exclusive : In Conversation with Wallmart President and CEO, Krish Iyer

Zee Business Exclusive : In Conversation with Wallmart President and CEO, Krish Iyer

Fri, Apr 14, 2017

In Conversation with Wallmart President and CEO, Krish Iyer. Watch complete news story of News @ 8:30 AM for getting the detailed news updates!

Walmart to open 50 new stores, half of those in UP, Uttarakhand

Walmart to open 50 new stores, half of those in UP, Uttarakhand

Fri, Apr 14, 2017

Walmart to open 50 new stores, half of those in UP, Uttarakhand. Watch the full segment for more details.

Flipkart in talks with Google, others for raising $15 billion in funding

Flipkart in talks with Google, others for raising $15 billion in funding

Fri, Jan 06, 2017

E-commerce giant, Flipkart has held talks with Google and other investors for its next round of funding, a report by Factor Daily said on Friday.

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