The TikTok acquisition is heating up in leaps and bounds as days go by! In a surprise development, Walmart has entered the race as well. But, it is not as a third contender!  The American retail giant, instead of bidding...

ZestMoney, an 8-year-old India's fintech lending startup, is shutting down. Despite attracting substantial investments, including from Goldman Sachs, this Buy Now Pay Later (BNPL) pioneer finds itself succumbing to the complexities of regulatory uncertainties and a failed attempt at...

Flipkart IPO could turn out to be the biggest success story of an Indian startup unicorn. The face of the Indian e-commerce, Walmart-owned Flipkart has certainly quickened its steps towards a much-awaited IPO. The path it has zeroed in...

At long last, Flipkart has performed the sacrificial rites of Jabong, with sights set on the much-awaited IPO. The burial of Myntra’s strapped cousin comes three months on the back of Walmart announcing it had taken non-cash impairment charges of...

The spread of the COVID-19 pandemic, which forced consumers around the world to stay at home led to the many biggies in the retail industry reinventing user experiences in the digital space.  Global brands were observed to be leveraging technologies such...

In August, Tata Group, in a move to likely counter the offerings of the Jio umbrella, declared that they are in the process of creating a ‘super app’ of their own. Now, following up the same, it has come to...

The acquisition of TikTok is riddled with more twists and turns than your average thriller flick! As if the deal wasn’t already in enough jeopardy with the constant pressure it had been facing from the U.S, that it has now...

After raising billions of dollars in record time for Reliance Jio, Mukesh Ambani is out for shopping startups to strengthen the presence of its retail business in India. On Tuesday, Reliance Industries Limited (RIL) has confirmed that a majority...

The above graph represents Walmart net income by year, starting from fiscal 1970 to the recently completed year. In fiscal 2020, ended January 31, 2020, the consolidated net income attributable to Walmart Inc. increased a whopping 123.1% YoY, clocking $14,881...

Flipkart employees are expected to strike gold through the deal of acquisition of the e-commerce giant by Walmart. Flipkart has recently allowed its employees - if they want - to sell their stocks to its parent company. The employee...