Walmart Prepares For $10 Billion Flipkart IPO
Walmart is preparing for e-commerce major Flipkart’s $10 billion initial public offerings (IPO) in the US and has hired Goldman Sachs to assist with the listing. The US...
Tag : Flipkart
Walmart to Increase Indian Exports To $10 Billion by 2027
Global retail major Walmart on Thursday said it will triple its exports of goods from India to $10 billion each year by 2027.The expansion in sourcing will...
Flipkart Co-founder Binny Bansal To Join PhonePe’s Board Of Directors
Flipkart co-founder Binny Bansal is set to join PhonePe’s board of directors. Bansal will be joining PhonePe co-founders Sameer Nigam and Rahul Chari and Rohit Bhagat on the...
Flipkart to Spin-Off PhonePe, Valuating at $5.5 Bn
E-commerce major Flipkart on Thursday said it was partially spinning off PhonePe, aiming to widen the access of capital for the growth of its digital payments platform. The...
Amazon India Fined Over ‘Country Of Origin’ Rules Violation
E-commerce major Amazon India on Wednesday has been penalized by the consumer affairs department over non-compliance with packaging norms where ‘country of origin’ details have to be...
Monthly Active Users Increases For Flipkart, PhonePe
Flipkart and PhonePe are seeing a record number of monthly active customers, Walmart said on Tuesday while announcing its September quarter earnings.American retail giant Walmart Inc. said that its Indian...
Apple Launched Online Store First Time, in India
Apple launched a first-time online store in India which went to live today. Apple store has run a first-party retail network in the country. The...
Flipkart To Hire 70,000 In India Ahead Of Big Shopping Event
The e-commerce giant, Flipkart would create 70,000 new jobs and also the employee many more as delivery partners and in other roles as it prepares for the...
H&M’s Country Manager for India Quits
The Hennes & Mauritz’s (H&M) country manager for India, Janne Einola, is stepping down from his role of overseeing the fashion retailer’s business in the market. Einola...
IIT Patna Joins Flipkart to Research on Artificial Intelligence
Flipkart which is owned by the e-commerce giant Walmart-owned has signed an MoU with IIT Patna for doing joint applied research with industry applicability in...