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You Searched For "Walmart exit from Flipkart" and got 20 results


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Walmart's Flipkart is targeting a 4th-quarter IPO that could value it at $35 billion, new report says

A $35 billion valuation for Flipkart would mean Walmart more than doubled its 2018 investment in th…

Emily Graffeo   


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3 mins read

Walmart CEO defends Flipkart's valuation, says learnings from India helped double their e-commerce sales

Walmart, in July 2020, made its second investment in Flipkart, two years after it bought an almost …

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3 mins read

I tried Walmart's self-checkout to see if it was as frustrating as some shoppers say. Here's what I found.

After hearing about the ways Walmart shoppers have been surprised with missed-scan alerts, I decide…

Dominick Reuter   


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PhonePe moves domicile from Singapore to India

PhonePe moves domicile from Singapore to India

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Dunzo co-founder Mukund Jha plans to start his own AI company, seeks to raise up to Rs 80 crore from Together Fund

Dunzo co-founder Mukund Jha, who stepped down from the company's board last year, is set to launch …

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4 mins read

Flipkart gets leaner with a $300 million Jabong write-off as CEO Kalyan Krishnamurthy lists out the priorities for 2021

As Walmart boss Doug Mcmillon wants to “step on the gas” in India, Flipkart chief executive offi…

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Tiger Global now has to pay tax on profit from sale of Flipkart stake to Walmart in 2018

While the AAR report does not mention Tiger Global, it does specify ₹14,500 crore exit. Tiger …

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2 mins read

As Flipkart and Amazon try to quash India's antitrust investigation, trader lobbies accuse them of 'monopolising e-commerce'

Walmart-owned homegrown e-commerce giant Flipkart and rival Amazon have separately challenged Compe…

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3 mins read

Flipkart’s reported $10 billion IPO plan will mean Walmart’s investment in the Indian e-commerce giant will double within 3 years

The much-anticipated Flipkart IPO (initial public offering) could soon be a reality. US retail play…

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Walmart looks to triple its 'made-in-India' exports to $10 billion every year by 2027

Walmart on Thursday announced that it will triple its exports of goods from India to $10 billion ea…

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Flipkart acquires Cleartrip in an effort to cement its position in the travel booking segment

“The Flipkart Group is committed to transforming customer experiences through digital commerce. …

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2 mins read

Walmart could exit from Flipkart because of India’s new FDI rules: Report

Walmart’s biggest ever deal in history could soon be a thing of the past. India’s new e-comm…

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3 mins read

Govt steps have boosted toy exports from India, but more work still needed: DPIIT Secretary

Government measures such as mandatory quality control orders and increasing customs duty have helpe…

PTI   


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4 mins read

Amazon, Flipkart and other e-commerce platforms may not be able to do flash sales any more, if Indian government has its way

According to the new draft regulations by the Ministry of Consumer Affairs, Food and Public Dis…

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2 mins read

Flipkart is reportedly looking to list in US via a blank cheque firm

SPAC companies are generally formed as “blank cheque” firms with the specific purpose to raise…

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Flipkart and digital payment app PhonePe continue to experience 'strong growth' in first quarter of 2021-22, says retail giant Walmart

This was "negatively affected by government-mandated restrictions in certain markets," said Walm…

PTI   


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Walmart and Flipkart invest in Ninjacart again to bump up its grocery offerings ahead of the festive season

E-commerce giants Walmart and Flipkart have once again invested in online grocery startup Ninjacart…

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2 mins read

Walmart and Flipkart both hit the mark with e-commerce – a 97% jump in US while India sales exceed pre-COVID levels

Global retail giant Walmart has profited off the coronavirus pandemic, with its essentials business…

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Four years later, Sachin Bansal is still battling eight lawsuits from his Flipkart days

It has almost been four years since Sachin Bansal formally gave up all leadership responsibilities …

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Flipkart is looking to exit wholesale business to toe the government's line, says report

Flipkart is looking to stop buying products directly from companies, in a move to wind up its whole…