Walmart

Flipkart India, the wholesale entity of the country’s largest online retailer is being given a raw deal! With a loss that accounts to a staggering nine-fold, the retailing giant owned by US-based Walmart Inc., had a tough financial year. According...

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...

Amazon.com (NASDAQ:AMZN) is leaving no stone unturned to hold up its presence in the grocery and food market, against rival retail strategies. According to recent reports, the Indian arm of Global retail leviathan, Amazon India is sizing up a stake in Aditya...

The recent collaboration between the tech giant and the brick-and-mortar king comes amidst bells-and-whistles and is a shot across Amazon's bow, as of now! If recent reports are to be believed, Walmart and Microsoft are joining forces in the bruising battle against...

As the battle to enjoy the lion's share in customer satisfaction intensifies in the Indian eCommerce system, native eCommerce giant, Flipkart is beck and call, at launching a customer loyalty program by end of July or early August. Reportedly, the...

On the deck for decades now, Walmart has been striving to pillow its online offerings, in the ever-growing eCommerce sector. The upshot of Walmart’s interest in India is the latest sequel to the erstwhile retailer’s battle with Amazon. However,...

In the backdrop of the recent Walmart-Flipkart deal, reports claimed that eBay could possibly sell its stake in Flipkart that represents as much as $1.1 billion in value to Walmart and exit the Indian firm. While eBay was quick to release...

Reportedly, India has maintained its position as the third largest online retail market in the world after China and the USA. Pocketing in benefits, the acquisition of Flipkart by the American supermarket chain, Walmart is considered to be a major attempt of...

Latter day, the news of Walmart’s acquisition of Flipkart panned out everywhere. At a valuation of nearly $21 billion, this deal has managed to generate one of the largest wealth pools for employees in India. With this deal being hammered...

It's official. Walmart acquires Flipkart to enjoy a lion's share of e-commerce industry in India.  Reportedly, Walmart, No. 3 in the Internet Retailer 2017 Top 500, has sealed the deal with Flipkart at $16 billion, a valuation of $20.7 billion. This is...