Page 13 - Walmart

Aim long term for a strong currency

Strong currencies reflect strong economies

Flipkart India revenue grew 12% to Rs 34,610 cr in FY20; losses dropped 18%

The company's total expenses for the year were reported at Rs 37,760 crore. During FY20, the company allotted total equity shares worth Rs 4,455 crore to Flipkart Private Limited Singapore

In the year of pandemic, recession and layoffs, Amazon 'hired like mad'

The company has added 427,300 employees in 10 months, bringing its global work force to more than 1.2 million

Amazon launches online pharmacy in US, takes on Walmart, CVS, Walgreens

Shoppers can toggle at checkout between their co-pay and a non-insurance option, heavily discounted for members of its loyalty club Prime

Flipkart, PhonePe monthly active customers at 'all time high': Walmart

Walmart International CEO Doug McMillon says group committed to high-value markets like India.

Walmart surpasses Q3 expectations amid Covid, revenue grows 5.3% to $134 bn

Sales at stores opened at least a year rose 6.4%

Creo Syndicate: Secret club for billionaires who care about climate change

Creo acts like an investment bank, vetting about 300 deals per year, connecting investors with possible partners, and conducting research on technologies

Walmart sells majority stake in Seiyu for over $1-bn, nearly exiting Japan

TOKYO (Reuters) - Walmart Inc is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, after years of struggling to make money amid stiff competition.

Google, Walmart hit by India's move to limit some digital payments players

More than 2.07 billion UPI transactions were processed in October, according to NPCI, with Walmart's PhonePe accounting for just over 40% of those transactions

Flipkart bolsters fashion portfolio, makes strategic investment in USPL

The Walmart-owned firm is exploring strategic funding in multiple online-offline retailers and technology companies quite like rivals Amazon and Reliance JioMart

Walmart lays off robots deployed in 500 stores, lets humans do the work

The retailer said Monday it has ended its relationship with startup Bossa Nova Robotics, which builds roving robots equipped with cameras for identifying out-of-stock and misplaced products

Flipkart bolsters gaming strategy, acquires gaming startup Mech Mocha

Walmart-owned company sees strong trend of casual gamers going on to become early shoppers

PhonePe breaches 250-mn user mark; logs 925 mn transactions in October

Walmart-owned digital payments firm hits $277-billion annual TPV run-rate

Walmart reverses move to pull firearms, ammunition from US store floors

The retailer said the civil unrest earlier this week was isolated

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO

Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai

Gadkari urges Walmart to work with khadi cos to take their products global

He also highlighted that the MSME sector in India is a major job creator and contributor to the country's gross domestic product

Flipkart eyes retail brands, acquires 7.8% stake in Aditya Birla Fashion

The Walmart-owned firm is in a race with rivals Amazon and Reliance's JioMart, who are also following a similar strategy

Walmart sues US govt in pre-emptive strike in opioid abuse battle

The government is expected to take civil action against the world's largest retailer, seeking big financial penalties

Walmart, Flipkart make fresh investment in supply chain tech firm Ninjacart

For Bengaluru-based Ninjacart, the investment further deepens the partnership with Walmart and the Flipkart Group to improve its offerings and enhance the customer experience

Walmart, Flipkart Group pump in additional investment in Ninjacart

Walmart and Flipkart Group on Monday announced a fresh round of investment in Bengaluru-based business-to-business (B2B) supply chain company Ninjacart