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21. Saurabh Bansal of Walmart appointed CMO Snapdeal ...
(Apparel)
... excellence initiatives, reports Fashion Network. Bansal joins Snapdeal from Walmart, where he served as the senior vice president and built various categories including home care, personal care, among ...
Created on 07 July 2021
22. Timeline for Flipkart IPO launch not decided: Walmart President ...
(Insight)
At the DB Access Global Consumer Conference held on June 7, Judith McKenna, President and CEO, Walmart said, though the retailer plans to launch an IPO for its Indian e-commerce arm Flipkart, the timeframe ...
Created on 11 June 2021
23. India’s new e-commerce rules to hit Amazon, Walmart’s growth plans: Report ...
(Insight)
India’s draft e-commerce rules may raise costs and impede the expansion plans of companies like Amazon.com Inc and Walmart inc, opines Economic Times. These rules aim to prevent “digital monopolies” by ...
Created on 16 March 2021
24. Walmart focuses on India and Mexico to ramp up global growth ...
(Insight)
As it tries to ramp up growth, Walmart is mainly focusing on Mexico and India, reports Quartz. In Mexico, the company is building infrastructure to fuel both its e-commerce and brick-and-mortar sales. ...
Created on 15 December 2020
25. Dir Van Den Berghe quits as Walmart Asia CEO ...
(Insight)
Dirk Van Den Berghe has quit as the CEO of Walmat-Asia, and is also likely to resign from Flipkart’s board of members. Having joined Walmart in 2014 as CEO of the Canada region, Berghe also served as the ...
Created on 14 December 2020
26. Dir Van Den Berghe quits as Walmart Asia CEO ...
(Insight)
Dirk Van Den Berghe has quit as the CEO of Walmat-Asia, and is also likely to resign from Flipkart’s board of members. Having joined Walmart in 2014 as CEO of the Canada region, Berghe also served as the ...
Created on 14 December 2020
27. Walmart to increase India exports to $10billion ...
(Insight)
Walmart Inc plans to increase its exports from India by almost three times to $10 billion by 2027. The retailer currently exports $3 billion worth apparels and textiles form India. The rise in exports ...
Created on 11 December 2020
28. Walmart to divest 25 per cent stake in Flipkart ...
(Insight)
    US retail player Walmart plans to divest 25 per cent stake in Flipkart and will float a $10 billion Flipkart IPO in the US. Walmart roped in investment bank Goldman Sachs to explore the Flipkart ...
Created on 07 December 2020
29. RIL to sell minority stake in retail business to Walmart ...
(Insight)
Reliance Industries (RIL) plans to sell a minority stake in its retail business to Walmart. This as RIL's retail arm Reliance Retail Ventures (RRVL) inked a deal with Kishore Biyani-promoted Future Grou ...
Created on 01 September 2020
30. India raids Amazon, Flipkart sellers over foreign investment law violations
(Apparel)
08 November 2024, Mumbai India’s Enforcement Directorate (ED) conducted raids on sellers linked to Amazon and Walmart-owned Flipkart, targeting alleged violations of foreign investment laws. The searches, ...
Created on 08 November 2024
31. Flipkart India’s revenue rises to Rs 70, 844 crore in FY24: Tofler
(Apparel)
...  Originally a homegrown marketplace, Flipkart was acquired by US retail giant Walmart Inc in in 2018. The $16 billion acquisition deal also included Flipkart’s subsidiaries, the fashion retailer Myntra ...
Created on 28 October 2024
32. Amazon, Flipkart Found in violation of India's competition laws
(Apparel)
17 September 2024, Mumbai In a significant development that could reshape the landscape of e-commerce in India, a recent antitrust investigation has reportedly revealed that US giants Amazon and Walmart-owned ...
Created on 17 September 2024
33. Tata Digital to develop ‘value fashion segment’ on Tata Cliq
(Apparel)
...  company aims to partner with both global and Indian brands to match the extensive offerings available on platforms like Walmart-owned Flipkart, Amazon, and Reliance. Tata Cliq was integrated under Tat ...
Created on 01 August 2024
34. Flipkart reappoints Lydia Jett to Board of Directors
(News)
... ce landscape. In her second stint at Flipkart, Jett will collaborate with senior Walmart executives who hold seats on the board, as well as Kalyan Krishnamurthy, Group CEO, Flipkart and KekiMistry, C ...
Created on 03 July 2024
35. Shopsy launches new summer collection for kids
(Apparel)
...  also aims to expand its kids’ selection further in the coming months, noting a strong demand for these clothes in Tier II cities. Owned by Walmart, the world’s largest retailer, Flipkart operates severa ...
Created on 03 June 2024
36. Myntra: a tech-driven journey to e-commerce dominance
(Retail)
... and achieve remarkable growth. Tech at the core Myntra's story began in 2007-2008, selling personalized gifts. Today, it's a Flipkart Group company, owned by Walmart Inc, and a preferred shopping destinatio ...
Created on 22 May 2024
37. Amazon launches new store ’Bazaar’ in India
(Retail)
Amazon has introduced a special store called ‘Bazaar’ in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio, ...
Created on 06 April 2024
38. Robust GMV growth, operational efficiencies bolster Flipkart’s future prospects
(Retail)
... of Rs 41,000 crore decline in valuation compared to its value in January 2022. This valuation shift was indicated by equity transactions conducted by its parent company, Walmart, based in the United States. ...
Created on 18 March 2024
39. Flipkart infuses $54 million funds in Myntra
(Retail)
... e online fashion market. Flipkart's latest investment in Myntra closely follows its own $600 million commitment from parent company Walmart as part of a $1 billion funding round. This capital infusion undersco ...
Created on 04 March 2024
40. India will lead global retail innovation in future: Ashish Dikshit, MD, ABFRL
(Retail)
... , and a relentless focus on consumer-centric services. While acknowledging India's initial lag compared to global retail giants like Walmart, he celebrated the nation's recent rapid advancement, prope ...
Created on 26 February 2024