Walmart India

Walmart's Flipkart has a tough battle ahead in India, a 2026 IPO likely

Flipkart is a stake Walmart has put down in a market where brick-and-mortar foreign retailers face stifling restrictions

Walmart's International Q4 sales growth driven by Flipkart, Mexico, China

Walmart International comprises the retail giant's operations outside the US, including retail websites

Walmart experiments with AI to enhance customers' shopping experiences

Walmart has unveiled plans to dive further into the world of artificial intelligence -- and drones -- to improve its customers' shopping experiences. In a Tuesday keynote at trade show CES in Las Vegas, the nation's largest retailer announced that it would be expanding its drone delivery to 1.8 million additional households in the Dallas-Fort Worth metropolitan area later this year. Drones aren't new to Walmart -- which has already completed 20,000 drone deliveries across seven states to date -- but company leaders say that this expansion displays growing demand and efficiency. Walmart executives said no other rival has gotten this close to this type of drone concentration of households in a big metro market. Among AI advances, Walmart announced a generative AI-powered search experience for iOS customers, which suggests relevant products for consumer queries ranging from football watch parties to bridal showers. The company also provided a glimpse into InHome Replenishment, which ...

The story of organising retail

Traders are still apprehensive about big retail, but organised players from Reliance Retail to Walmart are eager to forge alliances with them

Walmart readies 'Open Call' in India on way to $10 bn a year export target

'The category expansion over the last 15 years has been incredible …The ingenuity, the grit, the education of the labour force are a strategic advantage in India'

PhonePe forays into online stock broking as it expands its services

The platform will charge users an onboarding price of 199 rupees, while there will be no charge for trades of up to 400 rupees, the company said in a statement

Walmart laying off hundreds of employees to better prepare for future

Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US as part of an adjustment in staffing "to better prepare for the future needs of customers"

Walmart India FY22 loss widens to Rs 299 cr; revenue up 7% to Rs 5,350 cr

Wal-Mart India Pvt Ltd, which operates Best Price Flipkart wholesale stores, has witnessed its loss widening to Rs 299.01 crore in FY22 despite its revenue from operations going up, according to financial data accessed by business intelligence platform Tofler. Wal-Mart India, in which Flipkart acquired 100 per cent interest in July 2020, had reported a net loss of Rs 200.80 crore in FY21. The company's revenue in FY22 grew 6.9 per cent to Rs 5,349.98 crore as compared to Rs 5,004.88 crore for the financial year ended on March 31, 2021. Its total income also went up 6.40 per cent to Rs 5,361.72 crore for the financial year that ended on March 31, 2022. It was Rs 5,038.75 crore in FY21. Wal-Mart India's revenue from other income was at Rs 11.73 crore in FY22. Its total expenses in FY22 were at Rs 5,660.74 crore, up 8.03 per cent in comparison to the previous year. Flipkart Wholesale stores sell personal care products, home care appliances and laundry utilities besides staples, spic

Walmart on a drive to attract Indian sellers to its Canadian marketplace

The US retail giant operates more than 400 stores and is one of the largest online retailers and fastest growing marketplace platforms in Canada

Walmart-owned PhonePe launches UPI SIP for investing in 24K gold

Setting up a gold SIP on PhonePe is a one-time, hassle-free process and all subsequent investments are completely automated

India e-commerce rules cast cloud over Amazon, Walmart and local rivals

New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart's Flipkart as they may have to review their business structures, senior industry sources said

In final stages of consolidating Walmart India: Flipkart Wholesale

In July, Flipkart announced the acquisition of Walmart India for an undisclosed amount, and launched 'Flipkart Wholesale'

Can a Tata vs Ambani 'super-app' battle make them India's Alibaba-Tencent?

The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform

Walmart in talks to invest $25 bn in Tata Group's 'super app': Report

According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart

Flipkart Wholesale's first-ever festive season sale for fashion retailers

Flipkart Wholesale's 'Big Festival Month' would offer a wide range of products in categories

Flipkart eyes alcohol delivery market with Diageo-backed startup: Report

West Bengal and Odisha governments have said that Flipkart can be associated as a technology service provider of Diageo -backed HipBar, an Indian alcohol home delivery mobile app

Sellers body moves CCI against Flipkart's acquisition of Walmart India

Says a few sellers will get preferential treatment, Flipkart will engage in deep discounting in groceries

Flipkart acquires Walmart India's wholesale biz to help transform kiranas

Flipkart says it would leverage the strong wholesale capabilities of the company and enable growth for kiranas and MSMEs

Top headlines: BPCL bidding extended, Flipkart acquires Walmart India

Here are the top headlines of the day

Lockdown to change consumers habits; drive e-comm growth: Walmart India

With muted economic sentiment, we expect that customers will move towards more value purchases, Walmart India Best Price CEO Sameer Aggarwal said