walmart
E-Commerce
Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion
PTI -
The transaction took place at an enterprise valuation of around $35 billionNew Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...
E-Commerce
Walmart, Flipkart join hands with Telangana govt to upskill, support local MSMEs
PTI -
The MoU between Swasti and Telangana government will facilitate the development of local Micro, small and medium-sized enterprises towards accessing a wider domestic market space, to leverage online retail and enable sustained growth and commercialisationHyderabad:Â Walmart and Flipkart on Tuesday...
E-Commerce
Consumers spent $6.4 billion on first day of Amazon Prime Day: Study
This represents a 5.96% growth year-over-year (YoY) for Amazon Prime Day in terms of sales
New Delhi: Amazon.com Inc. generated a sale of $6.4 billion on the first day of its flagship shopping event ‘Prime Day’ in the US, according...
Big Grid
Walmart Global Tech elevates Balu Chaturvedula as new Country Head for India
PTI -
Chaturvedula joined Walmart in 2015 and was previously the Vice President of Supply Chain Technology for Walmart's US Omni Tech organisationNew Delhi: US retail giant Walmart's technology arm Walmart Global Tech has promoted Balu Chaturvedula as the country head...
Latest News
Walmart ties up with payment company PingPong
International sellers selling on Walmart’s marketplace can now choose PingPong to receive their payments
Bengaluru:Â Multinational retail corporation Walmart has partnered with online payment processing platform PingPong, the tech company said in a press release on Monday. International sellers selling on...
Analysis
Top 25 global retailers thrive amidst challenges to post 7.1% YoY revenue growth in 2022
The retail industry worldwide reaped the benefits of COVID-19 pandemic-induced circumstances as consumers were compelled to shift their shopping habits online, reveals GlobalData
Mumbai: Despite the challenges of high inflation rates, labour shortages, and disruptions in the supply chain, the...
E-Commerce
$150bn e-commerce market: Potent mix of retail, telecom, digital media to put Reliance at top
PTI -
In a new report, Bernstein Research said India is evolving into a three-player market with Amazon, Walmart and RelianceNew Delhi: Billionaire Mukesh Ambani's Reliance is the best-positioned player in the USD 150-billion Indian e-commerce market ahead of Amazon and...
Retail
Walmart looking at sourcing toys, shoes, bicycles from India
PTI -
The company also wants to develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textilesNew Delhi: US-based retail giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers...
Big Grid
Walmart Fires Up the Flywheel
The retailer doubles down on a new business model for the futureBy Gina AcostaEarlier this year, on a rare rainy day in Las Vegas, Walmart executives gathered together to lay out a vision for the future of the grocery...
Big Grid
Meeting with Walmart CEO fruitful one, had insightful discussions: PM Modi
PTI -
Modi also said he was happy to see India emerge as an attractive destination for investmentNew Delhi: Prime Minister Narendra Modi on Sunday said his recent meeting with Walmart CEO Doug McMillon was a fruitful one during which they...
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Latest News
Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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