Walmart

Flipkart IPO With $35 Billion Valuation: Walmart to take the SPAC Route

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...

Amazon’s New Strategy To Crush Walmart: Thinking Out Of The Box

Amazon’s latest move to beat Walmart is sneaky and out of the box. The Bezos-owned e-commerce giant believes $15 as the starting minimum wage per hour for workers will be good for business. And, it has been lobbying U.S Congress...

Jabong is Finally Buried: Walmart Sets Its Priorities For Flipkart IPO!

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 a non-cash impairment charges...

Global Retail Giants Ramping Up Hiring In India To Focus On Transforming Digitally!

Desperate times call for desperate measures. COVID-19 wrecked the foot traffic physical stores used to generate pre-pandemic. This is why global retail giants are now increasingly pivoting their focus towards their digital presence and hiring for the same in...

Exclusive: PhonePe Raises ₹5,000 Crore At A Valuation of ₹45,000 Crore

The digital payment company PhonePe has raised Rs 5,000 crore (approx $690 million) in a fresh round of funding. After the new round of investment, the company is now valued Rs 45,000 crore (post-money valuation) that will help the...

Flipkart, Amazon Hurtle To Secure Their Slice in Aditya Birla Fashion

The battle conch for the festive season has already been blown. Now in a bid to take control of a new frontier, two contenders have come to head again. Walmart-owned Flipkart and Jeff Bezos led e-commerce major Amazon is reported to have held separate...

Can Tata Super App, With the Backing of Walmart, Take On JioMart?

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...

TikTok Oracle Deal: An Eyewash Or Mockery?

On Saturday, within few hours of US Department of Commerce announcing the ban on TikTok that would prevent users to download TikTok apps from Apple AppStore or Google Play, US President Donald Trump gave his blessings to TikTok Oracle...

TikTok Oracle Deal: Confusion, Contradictions and Quest for Control

Another day Another verbal volley. TikTok Oracle deal saga continues. The tug-of-war with the back and forth statements surrounding the potential TikTok Oracle deal has reached a fever pitch now. While the financial jargon around the deal continues to obfuscate many,...

TikTok Oracle Deal: No Technology Transfer, No Ownership, Rest All Is Fine

The brouhaha around TikTok and the US administration simply refuses to subside. In the ensuing see-saw of developments, ByteDance has seemingly attempted to set the record straight over its dealings and operations in the US. In a statement issued this very...

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Youtube Is More Popular Social Platform Than Facebook: Video is The Future Of Content [STUDY]

In 2021, Youtube has emerged as the most popular social media platform in the U.S, leapfrogging one step ahead...