Flipkart

The gross merchandise value (GMV) of Flipkart has exceeded the pre-COVID-19 levels, global retail major Walmart Inc, which owns a majority share of India’s leading e-commerce platform, said. Walmart’s overall revenue was up 5.6 percent to US$ 137.7 billion while...

Walmart-owned Flipkart said the number of transacting sellers on its platform rose by 54 percent during the recently concluded sale as compared to last year. Flipkart held an ‘Independence Day Sale’ from August 6-10, where sellers on the platform witnessed...

Men's wear brand Indian Terrain Fashions Ltd is eyeing to increase its retail footprint in tier-II and III cities in the country, a top official has said. The Chennai-based company has completed 20 years of operations in the country and...

Flipkart on Friday announced more benefits for over 6 lakh sellers who are artisans, weavers, craftsmen and owners of other small and medium enterprises (MSMEs) from the underserved communities in the country. Earlier, the Samarth sellers enjoyed a commission waiver...

Softbank-backed Grofers on Tuesday said the lockdown period has given its business a boost towards sustainability and helped it move closer to hitting profits by the end of next year. According to a PTI report: The online grocery platform, which...

Walmart-owned Flipkart on Tuesday announced the launch of its hyperlocal delivery service 'Flipkart Quick' that will enable customers to receive grocery, fresh vegetables, meat and mobile phones in 90 minutes. “The service will be available in select locations in Bengaluru...

Flipkart on Thursday announced the acquisition of Walmart India for an undisclosed amount, and said it will launch 'Flipkart Wholesale' next month, as the homegrown e-commerce major looks to tap into the US$ 650 billion B2B retail market in...

It is said that the change is only constant and more often than not inevitable for those who want to remain relevant. For the world of business this paraphrase has been more evident and tangibly felt in last couple...

Arvind Fashions (AFL) on Tuesday said its subsidiary Arvind Lifestyle Brands has received Rs 260 crore from Flipkart India to pick a minority stake in another group firm Arvind Youth Brands. Arvind Youth Brands is Arvind Fashions' recently-formed subsidiary...

A Walmart-led investor group on Tuesday pumped in an additional US$ 1.2 billion into the e-commerce platform Flipkart Group to support its marketplace in the wake of the ongoing COVID-19 pandemic. With the new investment, Flipkart group is now valued...