Page 11 - Walmart

Walmart, Flipkart mobilise resources to help India fight against Covid-19

Retail giant Walmart on Friday announced that it will donate up to 20 oxygen-generating plants and 20 cryogenic containers for oxygen storage and transportation to India

The myth and magic of unicorns

According to US-based analytics platform CB Insights' database, out of a total of 642 unicorns around the world, India has 29 as of April 2021

Flipkart V-P and group general counsel Bijoya Roy quits e-commerce giant

Roy has joined French spirits group, Pernod Ricard, as general counsel for South Asia and will take up the new role on April 12, 2021, according to the sources

Walmart's PhonePe leads UPI payments, crosses 1 bn transactions in March

The development comes at a time when UPI has broken a new record, crossing Rs 5 trillion in value in March across 2.73 billion transactions

Competition in e-tail: Fair or unfair?

The e-commerce foreign direct investment policy doesn't sit well with the concept of competition

Wipro names former Walmart and PayPal exec Subha Tatavarti as CTO

The appointment comes along with several other key ones that the company has made recently as its restructuring plan

Low tips, long waits: DoorDash Inc takes on drivers' Walmart gripes

DoorDash is taking steps to address what it says are frustrations from independent drivers toting Walmart merchandise and grocery orders, including low customer tips, the company confirmed

The right policy cart

E-commerce rules should be stable and equitable

Search for the best deal: What India's draft e-commerce policy says

Apart from China, India is one of the few countries that has specific regulations targeted at online sellers

Draft e-commerce policy: Investments by large players may take a hit

Currently, online retailers such as Amazon and Flipkart are the dominant players in this space, capturing around two-thirds of the market share, experts said

India's move to deter digital monopolies may hit Amazon, Walmart

The latest draft e-commerce rules build on laws that curb the two US companies from offering deep discounts, deter exclusive arrangements with preferred sellers

Business before Atmanirbhar

Many multinationals were already sourcing items across categories from India for overseas buyers

Flipkart in talks to add online travel aggregator Cleartrip to its cart

The move would help the e-commerce giant diversify its business and tap the opportunities in the travel space, according to industry sources

Wall Street won't intimidate retail giant Walmart this time around

Walmart announced in January that it formed a partnership with Ribbit Capital to create a new financial technology startup

Flipkart is positioned to win India's e-commerce future: Walmart's McKenna

Flipkart saw more than 250 mn customers over a 5-day period during its flagship 'Big Billion Day' sale event, and PhonePe reached milestone of 1 billion monthly payment transactions, McKenna said

Flipkart pushes Walmart global sales up 5.5% in Q4 to $34.9 billion

Walmart on Thursday said its international sales grew 5.5 per cent to USD 34.9 billion in the fourth quarter, led by "strong topline growth" across e-commerce arm Flipkart and some other markets

We're well-positioned to grow in India, says Walmart CEO Doug McMillon

McMillon, which is betting big on India through Flipkart, said e-commerce penetration is low in India but growing rapidly

Walmart investors eye push into advertising, healthcare after pandemic boom

Walmart will report fourth-quarter results on Thursday

TikTok sale to Walmart, Oracle stalls as Biden reviews security: Report

The administration of former President Donald Trump had cited national security concerns in its targeting of TikTok, arguing that the personal data of US users could be obtained by China's governmen

Kirana comes full circle

Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery