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41. 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
42. 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
43. 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
44. 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
45. 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
46. Flipkart restructures operations with 7 % reduction in workforce
(Retail)
Walmart-owned Flipkart is restructuring its operations by trimming its workforce by around 7 per cent by April this year. The e-commerce company has also frozen fresh hiring since the past year to control ...
Created on 08 January 2024
47. Adidas expands global presence with cutting-edge centre in Chennai
(Apparel)
... re extends beyond the sportswear industry, as it hosts major players in diverse sectors. Retail giants Walmart and Amazon, have already established their centers in the city. As Adidas steps into the dyna ...
Created on 04 January 2024
48. Entrepreneur Binny Bansal starts new e-commerce startup OppDoor
(Retail)
... by Walmart into his personal misconduct. Since then, he has been an active investor in Indian startups such as Curefoods, PhonePe and Acko. He is also one of the biggest investors in the early-stage fund ...
Created on 04 January 2024
49. Flipkart Internet’s operating revenues surge by 42% in FY’23: Tofler
(Retail)
... expenses rose to Rs 2,407 crore from Rs 1,945 crore. As per a report by the Economic Times, Flipkart is plans to raise $1 billion, with parent Walmart committing to inject $600 million. This would be ...
Created on 28 December 2023
50. On 18% growth trajectory, Indian e-commerce powers through
(Retail)
... and hyperlocal delivery. Currently, the major investors in India are Amazon, Flipkart, Zomato, Nykaa, and Snapdeal, amongst others. Walmart upping its share in Flipkart to 80.5 percent in July 2023 ...
Created on 21 December 2023
51. Walmart ...
(Tags)
Walmart ...
Created on 05 April 2022
52. Walmart realigns business strategies to deal with COVID-19-led challenges: Suresh Kumar, EVP, CTO & CDO ...
(Article tagged with: Walmart)
31th August 2021, Mumbai: Suresh Kumar, EVP, CTO & CDO, Walmart says, the company is realigning its business strategies to deal with complex business challenges created by COVID-19. The company is committed ...
Created on 31 August 2021
53. Walmart reiterates commitment to empower local business in India ...
(Article tagged with: Walmart)
27 June, Mumbai 2025 In his meeting with Prime Minister Narender Modi, Doug McMillon, President and CEO, Walmart Inc reiterated on the company’s steadfast commitment to India's economic growth and it ...
Created on 27 June 2025
54. Walmart revises net sales guidance for FY’24 ...
(Article tagged with: Walmart)
Walmart has adjusted its net sales guidance for FY24, forecasting a range of 5 to 5.5 per cent, with adjusted earnings per share expected to fall between $6.40 and $6.48 in the same period. The delayed ...
Created on 20 November 2023
55. Walmart to divest 25 per cent stake in Flipkart ...
(Article tagged with: Walmart)
    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
56. Walmart to focus on Flipkart, PhonePe development  ...
(Article tagged with: Walmart)
14 March 2022, Mumbai: Instead of opening direct-to-consumer stores in India, American retail giant Walmart will focus on growing its online marketplace Flipkart and payments major PhonePe. The retailer ...
Created on 14 March 2022
57. Walmart to increase India exports to $10billion ...
(Article tagged with: Walmart)
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
58. Walmart to invite Indian sellers to join marketplace community ...
(Article tagged with: Walmart)
22 JANUARY 2022, Mumbai : American retail giant Walmart plans to invite select Indian sellers to join its Walmart Marketplace community that serves over 120 million shoppers a month. As per a Fashion ...
Created on 22 January 2022
59. Walmart: Kicks In Virtual Fitting Room Tool ...
(Article tagged with: Walmart)
04 March 2022, Mumbai: For its online apparel buyers, Walmart has launched a new virtual fitting room. The debut comes roughly nine months after Zeekit, an Israeli virtual try-on technology business, ...
Created on 04 March 2022
60. Walmart's Diversification Strategy Boosts India's Manufacturing Sector ...
(Article tagged with: Walmart)
02 December 2023, Mumbai In a strategic move to diversify its supply chain and reduce reliance on Chinese vendors, Walmart, the retail behemoth, is ramping up imports from India. The company's import ...
Created on 02 December 2023