Walmart unveils subscription program to challenge Amazon
The battle for online supremacy is on as Walmart announced the coming launch of a membership program that provides free delivery as the world's biggest retailer takes direct aim at e-commerce behemoth Amazon.
First-time buyers from small towns may help etailers bag big gains this festive season
The season will be dominated by a fight for market s...
Flipkart gross merchandise value (GMV) exceeds pre-Covid-19 level: Walmart
According to the company, its net sales and operating results were...
E-commerce giants look to join hands with local retailers ahead of festive season
For the retailers, such partnerships with e-commerce is helping to liquidate inventory considering shopping has majorly moved to e-commerce post Covid, they said.
E-commerce firm Flipkart buys Walmart's India wholesale business
Flipkart, majority-owned by Walmart Inc, also announced the launch of Flipkart Wholesale as part of the deal. Financial terms for the deal were not disclosed.
Walmart Foundation announces grants to help small farmers
The aim is to help FPOs develop knowledge of sustainable farming practices, share business best practices, add value to primary agricultural commodities and improve access to finance and markets.
Reliance Ind's fashion portal Ajio emerges as a strong rival to Walmart-owned Myntra
More than a dozen global and Indian sellers on both platforms said Ajio is already in the reckoning and many of their businesses have reached almost half of what they do on Myntra, which Walmart owns through Flipkart
Flipkart veteran Anil Goteti resigns as senior vice president
Goteti started his career in 2012 as a director of the books and eBooks segment. He currently leads customer growth and monetization as senior vice president.
Walmart's Flipkart eyes overseas listing as early as 2021: Sources
"Flipkart is incorporated in Singapore, but listing in the United States, where parent Walmart is headquartered, could give it access to a deeper pool of funds," one of the sources said.
Flipkart starts hyperlocal service 'Flipkart Quick', to expand to 6 cities by year-end
Flipkart said its hyperlocal service, dubbed Flipkart Quick, will also sell mobile phones and stationery items, taking it a step further than existing quick-delivery services which mainly offer just groceries. Flipkart Quick will debut in select locations in Bengaluru, the company said, without specifying a launch date.
Amazon faces new antitrust challenge from Indian online sellers: Report
The case presents a new regulatory challenge for Amazon in India, where it has committed $6.5 billion in investment but is battling a complex regulatory environment. The group alleges that Amazon India's wholesale arm buys goods in bulk from manufacturers and sells them at a loss to sellers such as Cloudtail.
To fight Amazon and Reliance JioMart, Flipkart wholesale will pick up Walmart’s best price
Walmart has long been scouting for a viable and competitive business model for the Best Price brand, which consists of 28 stores and ecommerce operations.
Walmart-owned Flipkart supports 6 lakh artisans in India through Samarth programme
The Samarth programme was launched last year, wherein the e-commerce major had partnered with five non-governmental organisations (NGOs) to help artisans use the online marketplace to sell their products.
Flipkart signs pact with IIT-Patna for joint research in artificial intelligence, machine learning
As part of the MoU, IIT-Patna will undertake a number of programmes such as joint research activities, writing research papers, organising seminars and internship/mentorship opportunities, according to a statement.
Walmart Foundation announces two new grants to help India's smallholder farmers
The new grants will help two NGOs -- Tanager and PRADAN -- to further scale their efforts to help farmers earn more from the improved output and fair market access, Walmart said in a statement.