Page 12 - Walmart

PhonePe distributes ESOPs worth Rs 1,500 crore among all employees

The digital payments firm has rolled out the compensation to all its employees ranging from software engineers, product managers to customer experience and on-ground sales agents

Walmart plans big push to challenge Amazon on advertising business

The efforts are key to Walmart's aggressive plan to achieve a more than tenfold increase in its advertising business within five years, according to a source familiar with the matter.

Walmart is enlisting the help of robots to manage a surge in orders

Walmart to build more robot-filled warehouses at stores

Walmart expands vaccinations in boost to US Covid-19 programme: Report

Walmart is already vaccinating healthcare workers in New Mexico and its home state of Arkansas.

Walmart head of US online business, Marc Lore, to step down by Jan-end

His exit comes at a time when the COVID-19 pandemic has heated up the online shopping business, as customers turn to websites and apps to avoid the risks of visiting stores

Walmart, Disney suspend contributions to US lawmakers who opposed Biden win

Walmart Inc, the world's biggest retailer, and Walt Disney Co joined other major companies in indefinitely suspending donations to US lawmakers who voted against Joe Biden's election certification

PhonePe reports 7% decline in net losses for FY20, revenue rises 74%

PhonePe is currently valued at $5.5 billion from existing Flipkart investors led by Walmart with the e-commerce player holding majority shares in the company

US Justice Department sues Walmart for fueling opioid crisis in the country

The US Justice Department has sued Walmart, accusing the retail behemoth of allegedly fueling the opioid crisis in the country

Walmart to bring livestream shopping on TikTok to attract younger customers

This livestream shopping experience will take place on Friday at 8 p.m. EST on the Walmart profile page on TikTok

Walmart to commence deliveries with driverless trucks from 2021

Retail giant Walmart is planning to start deliveries with driverless truck in the US state Arkansas starting next year

What vaccine distribution planners can learn from Amazon and Walmart model

Fast fulfillment of uncertain demand is not unique to vaccine distribution. Amazon faces highly volatile demand for millions of products and yet is able to offer same-day and one-day delivery

Flipkart Internet revenue up 32% to Rs 6,318 cr; losses increase 19%

The revenue of the company is mainly generated from e-commerce, information technology-enabled services, marketplace and related support service

Over 5,000 employees from Walmart India joining Flipkart Wholesale

The e-commerce firm said job offers made to staff at Walmart India have been aligned to similar roles at Flipkart in terms of pay, responsibility and profiles based on industry best practices

Amazon Pay revenue grew 64% to Rs 1,370 crore, losses increase 61%

After the closure of the financial year 2019-20, the firm has revised authorised share capital from Rs 6,000 crore to Rs 16,000 crore in an extraordinary general meeting held in September this year

Top headlines: Tata's reject Mistry's offer; TVS changes ownership model

From Tatas rejecting Mistrys' settlement offer to divide Tata Sons' assets to Mittal, Musk betting on satellite broadband as telecom's new star, here are top headlines this morning

Walmart commits to sourcing $10 bn of India-Made goods each year by 2027

To accelerate its India exports, Walmart will strengthen the development of the supply chain ecosystem in India

Great leaders will make good policy decisions in India: Walmart CEO

McMillon said that competition with Amazon, Reliance, and Paytm is good as it will improve services, bring down costs for consumers and give additional value to producers

Walmart and other retailers battle 'bots' snatching up hot products

The new PlayStation 5 is among the products that resellers are snatching up using 'scalper bots'

Flipkart unveils 2GUD Local to connect offline retailers with customers

The new format will offer offline stores, brands an opportunity to unlock benefits of technology and social commerce hybrid retail model to reach millions consumers

Walmart to give 4th round of bonuses to workers since coronavirus

Walmart says for the fourth time during the pandemic it will be giving its 1.5 million U.S. part-time and full-time employees additional cash bonuses for their work.