As the e-commerce battle in India intensifies, this deal along with the Walmart-led investment of USD 1.2 billion earlier this month indicate at Flipkart's ramped up efforts to grab a piece of the ...
Flipkart, however, needs the financial strength Walmart offers. It has also managed an excellent valuation, by all accounts, giving both its co-founder Sachin Bansal, and several of its key ...
After six years of grappling with New Delhi’s whimsical rules, the US retailer is still at the mercy of protectionism.
Walmart would also likely have a say in the appointment of a chief financial officer at Flipkart, if the deal is concluded, said another of the three sources. Two of the three sources said Tiger ...
Flipkart's Big Billion Days sale saw double-digit revenue and customer growth, boosting Walmart's international sales by 8%. The festive season sales, however, might impact Walmart's Q4 sales.
In this regard, acquisitions; partnerships; delivery programs like Walmart + and Express Delivery; and investment in online e-commerce platform Flipkart are noteworthy. These position the company ...
Samsung accuses India antitrust body of detaining employees, seizing data ... India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in ...
chief financial officer of parent Walmart. Flipkart's annual BBD or Diwali sale started late September and continued through October. In an investor presentation for the third quarter ended ...