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Walmart adds voice-shopping feature on Assistant

Competing with the likes of Alexa-powered Amazon, retail giant Walmart is now adding a voice-controlled shopping feature called 'Walmart Voice Order' on Google Assistant.To use the feature, users are required to add and link their existing Walmart accounts to...

BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...

Walmart India opens 24th ‘Best Price’ Cash & Carry store in India; creates 2,000 direct & indirect jobs

Walmart India, the wholly-owned subsidiary of Walmart Inc., has announced the opening of its first B2B Cash & Carry store in the city of Karimnagar, making it the second in the state of Telangana and the 24th 'Best Price...

Foreign e-tailers must have registered entity in country: Draft policy

E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India.According...

Walmart still optimistic on Indian e-commerce after new FDI rules

US retail major Walmart said it is “disappointed” with recent changes in FDI policy for e-commerce firms in the country, and hopes for a collaborative regulatory process going forward which results in a level-playing field.According to a PTI report:...

Today’s demanding consumers need tech-savvy food retailers: Walmart India CEO

Food is the largest retail consumption category in India, accounting for 33 percent of the overall consumption expenditure. It is also the largest opportunity area, especially in times when market dynamics are changing dramatically, and consumer behaviour is no...

Walmart bets on India despite change in FDI norms

American retail giant Walmart and its Indian e-tail major Flipkart are betting big on India despite the revised norms for Foreign Direct Investment (FDI) in e-commerce, the companies said."Walmart's and Flipkart's commitment to India is deep and long term....

Optimistic about Indian market despite changes in new FDI policy: Walmart

US retail major Walmart, which invested $16 billion in Flipkart, Wednesday said it is committed to the Indian market and is optimistic despite recent changes in the FDI policy for e-commerce firms in the country, according to a PTI report.The Bentonville-based retailing major's statement came...

E-commerce share to rise to 12pc from 2pc in 10 years: Walmart CEO, Krish Iyer at India Food Forum

Share of e-commerce is set to rise, despite the growth in brick and mortar or physical retail from 2 percent to 12 percent over the next 10 years, aided by pick up in Omnichannel format, said Krish Iyer, President &...

Amazon, Walmart stocks stay subdued as new e-tail FDI norms kick in: Analysts

Stocks of global e-retailers -- Amazon and Walmart -- remained subdued on Monday, days after India's new Foreign Direct Investment (FDI) norms for e-commerce companies dented investor sentiments.In the early morning trade hour (US East Coast), shares of Walmart...
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Location AI startup GeoIQ unveils footfall & site analysis feature

GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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