Source: flipkart.com
Walmart made its investors very happy yesterday (Aug. 16) as Q2 2018 earnings came in well ahead of expectations across the board. More customers hit the stores and...
India’s anti-trust regulator has approved Walmart’ $16 billion acquisition of online marketplace Flipkart. In May, the retail giant announced it was acquiring about 77 percent of...
Flipkart, the India eCommerce player, has reportedly invested ₹452 crore ($66 million USD) into PhonePe, its payments unit. According to a report in DealStreetAsia, the...
Flipkart, the Indian eCommerce company being acquired by Walmart, will roll out a second loyalty program later in August. Reuters, citing the company, reported the...
As Walmart is refocusing its efforts in the U.S. and around the world, it seems the Japanese market is dropping from a place of prominence....
The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced its...
Walmart is facing opposition to its $16 billion deal to acquire Flipkart, with shopkeepers and traders affiliated with the Confederation of All India Traders kicking...
After committing $5 billion to investments in India, Amazon reportedly wants to increase its investment by $2 billion. With the additional capital, the eCommerce retailer...
While Walmart has taken a majority stake in Flipkart, the company’s operating structure will remain the same: Flipkart Co-founder and Group CEO Binny Bansal said that...