All posts tagged "Walmart"
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Aggregators
ED Summons Amazon and Flipkart Executives as Regulatory Scrutiny Tightens
November 14, 2024India’s financial crime agency, the Enforcement Directorate (ED), is intensifying its investigation into Amazon and Flipkart,...
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E-commerce
Amazon India Cuts Losses by 28% in FY24, Gears Up for Quick Commerce Battle
November 12, 2024Amazon faces tough competition from Walmart-owned Flipkart, whose marketplace revenue rose by 21% in FY24 to...
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E-commerce
All not well at Amazon India? Manish Tiwary empties cart and resigns
August 9, 2024Manish Tiwary, the country manager for Amazon India, has announced his resignation from the e-commerce giant,...
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Business
Walmart increases stake in Flipkart, pays USD 3.5 billion to acquire further shares
September 4, 2023US retail giant Walmart has increased its stake in Indian e-commerce subsidiary Flipkart as it paid...
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E-commerce
Amazon ‘excited’ about India; sees huge market growth : Manish Tiwary, Country Head
September 1, 2023E-commerce giant Amazon is “excited” about the Indian market, which is charged by digitisation, economic growth,...
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Fintech
PhonePe raises $200 mn in additional funding from Walmart
March 17, 2023PhonePe, one of India’s largest fintech platforms, on Friday said it has raised an additional USD...
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MSME
Walmart, Flipkart join hands with NSIC to help MSMEs grow, unlock export potential
December 6, 2022Walmart and Flipkart on Tuesday joined hands with the National Small Industries Corporation (NSIC) to accelerate...
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Business
PhonePe prepping for IPO; seeks valuation of USD 8-10 billion
June 15, 2022PhonePe, part of the Walmart Inc-controlled Flipkart group, is considering to raise funds through an initial...
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Business
PhonePe to buy WealthDesk and OpenQ for USD 75 mn
May 18, 2022Walmart-backed PhonePe said on May 18 that it will acquire two wealth tech platforms WealthDesk and...
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E-commerce
Walmart, Flipkart join hands with UP govt to boost MSME business
January 7, 2022Walmart-backed Flipkart has signed an MoU with the Export Promotion Bureau, Government of Uttar Pradesh, to...
