Tag: Walmart
Indian firms Flipkart, PhonePe can have more investors: Walmart CEO
The US-based multinational retail company, Walmart’s CEO Doug McMillon said that its Indian eCommerce firm Flipkart and digital payments business PhonePe have space for...
Walmart begins preparation for Flipkart’s $10bn IPO
Retail giant Walmart has hired Goldman Sachs, the multinational investment bank and financial services company, to explore an initial share sale of its Flipkart...
India’s Flipkart partially spins off payments platform PhonePe
Indian eCommerce giant Flipkart is partially turning its digital payments app PhonePe into a separate company, a move aimed at expanding its capital access...
Asia’s richest man takes on foreign eCommerce giants in India’s festive...
It was by offering $2 data plans and free voice calls that billionaire Mukesh Ambani demolished rivals in India's telecommunications market.
Four years later, to...
Walmart to trial deliveries with GM’s Cruise self-driving cars
The US-based retail giant Walmart is partnering with the American automaker General Motors (GM) to use it's autonomous vehicle fleet under GM's subsidiary Cruise...
Google, Walmart unhappy with India’s move to limit digital payment players
Google, the US-based global tech giant, criticized India's decision to cap the share of transactions that can be accounted for by some companies within...
Walmart sells supermarket giant Asda in an $8.8 bn deal
Retail giant Walmart has agreed to sell its British supermarket chain, Asda, to investors behind a multinational group of petrol stations and grocery shops,...
Walmart may join Tata’s ‘Super App’ in India with $25 billion...
The US retail giant Walmart is in talks with Tata Group, the Indian multinational conglomerate, for a huge share worth $25 billion in the...
