Source: flipkart.com
In 2016, 95 percent of transactions in India were done in cash and there were approximately 60 million online shoppers, representing about 14 percent of...
Amazon’s business in India is growing, with regulatory filings showing its B2B arm recorded a profit of $413,700 in 2017. According to The Economic Times, Amazon...
Amazon has led a new round of funding in Acko, a digital insurance startup in India. According to Business Insider India, the eCommerce giant led...
Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories include the latest on the...
Walmart could launch an initial public offering of Flipkart – the Indian eCommerce player in which it just bought a majority stake for $16 billion...
Online marketplace eBay announced on Wednesday (May 9) that it plans to sell its stake in Flipkart, the India-based eCommerce retailer that was sold to Walmart earlier...
After much speculation – and a fair amount of “will they, won’t they” – it looks like the deal is done: Walmart will be the...
Walmart announced earlier on Wednesday (May 9) that it inked a deal to invest in Flipkart for $16 billion, giving the retailer a 77 percent stake in...
Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories include Walmart’s investment in Indian...