Page 9 - Walmart

Walmart-owned PhonePe digitises 25 mn merchants, kirana stores across India

The company said that offline merchant transactions on its platform have shown 200 per cent growth since last year

Flipkart bets on Ninjacart to take on Amazon, JioMart in grocery biz

The $145 million investment has almost doubled valuation of Bengaluru-based Ninjacart from $500 million last year to about $900 million and the firm is approaching unicorn status

Walmart-owned Flipkart infuses $145 mn in agritech startup Ninjacart

'With this investment, we are further able to strengthen our grocery footprint,' says Kalyan Krishnamurthy, CEO, Flipkart Group

Walmart announces MoU with MP government to train and support MSMEs

The initiative comes under Walmart Vriddhi Supplier Development Programme

Walmart said she shoplifted; jury awards her $2.1 million

An Alabama woman who says she was falsely arrested for shoplifting at a Walmart and then threatened by the company after her case was dismissed has been awarded USD 2.1 million in damages

Mukesh Ambani looks to USA's Walton family playbook on succession: Report

Reliance may over time become a holding company for three underlying businesses which are likely to be listed separately in the future, says Bloomberg

Top headlines: PMC Bank depositors kept waiting, US set to release oil

Cabinet secy-led panel to take call on more allocation to PLI pharma; After farm Acts' repeal, govt may table seeds Bill in Winter Session. More in today's top headlines

Digital payments firm PhonePe crosses 2-bn mark in monthly transactions

PhonePe's phenomenal growth comes on the back of rapid traction across Tier-II, Tier-III cities and beyond

BharatPe approaches Delhi HC against PhonePe's over multiple registrations

The Delhi-based firm has filed six cancellation actions against multiple registrations held by its rival PhonePe.

Walmart recalls 3,900 room sprays due to possible dangerous bacteria

The CDC has been investigating four confirmed cases of melioidosis, including two deaths, the CPSC said

Walmart's shoppers can now buy Bitcoin at 200 kiosks in its stores

Walmart is testing the service weeks after a high-profile hoax in which a fake press release said the retailer would start letting customers pay with a cryptocurrency called Litecoin

PhonePe starts charging processing fee on mobile recharges via UPI

The company is the first digital payments app to have started charging for UPI-based transaction which is being offered for free by its competitors

'Containergeddon': Supply crisis drives Walmart, rivals to hire own ships

Aim is to bypass log-jammed ports and secure scarce ship space at a time when Covid-19, as well as US-China trade ructions, equipment shortages have exposed fragility of globe-spanning supply lines

Walmart's Myntra to host mega fashion sale event, eyes 5.5 mn customers

Myntra's 360-degree marketing campaign for the festive season, with over 100 national and regional celebrities and popular influencers, is expected to reach 150 mn people

Walmart's Myntra to host biggest fashion sale event of festive season

Myntra expects over 1.1 million first-time shoppers to shop for their festive needs during the event.

Walmart, Flipkart sign MoU with Tamil Nadu govt, to support MSMEs

Walmart and Flipkart on Wednesday announced the signing of memorandum of understanding with Department of MSME in Tamil Nadu to establish long-term cooperation for providing capacity building support

Walmart and Flipkart sign an MoU to hand-hold MSMEs in Tamil Nadu

Through the Walmart Vriddhi programme, delivered by knowledge partner Swasti, entrepreneurs and small businesses receive training free of cost, through a blended learning approach

Challenge for banks as outsiders Amazon, IKEA crack the finance code

Analysts say the risk for traditional lenders is that they will get pushed further away from the front end of the finance chain

Walmart says litecoin tieup statement fake; cryptocurrency jolted

Walmart Inc said on Monday that a press release announcing a partnership with litecoin, which briefly led to a nearly 30% surge in the cryptocurrency's price, was fake

Tripling India sourcing to $10 bn a year by 2027: Walmart Int'l CEO

Judith McKenna said the Covid-19 pandemic highlighted the importance of Walmart's flexible, agile and diversified global supply chain