Walmart-owned companies in India, Flipkart and PhonePe have risen to the challenges of the coronavirus health crisis and have emerged stronger with the adoption of digital technologies accelerating across the country, said Judith McKenna, president and chief executive officer of Walmart International, the segment which includes the retail giant’s operations outside the US.
She said e-commerce firm Flipkart saw more than 250 million customers over a five-day period during its recent flagship ‘Big Billion Day’ sale event, and digital payments firm PhonePe has just reached that milestone of 1 billion monthly payment transactions.
“Both businesses have consistently delivered against our