Flipkart in Talks to Acquire Cleartrip
Ecommerce company Flipkart is in discussions to purchase a controlling stake in online travel aggregator Cleartrip and bolster its presence in an intensely competitive segment,...
Tag : Walmart
Flipkart to Focus on Subscription Programme, Says CEO
Flipkart will expand its subscription programme Flipkart Plus, strengthen its value proposition in the grocery segment and invest in technology and infrastructure in 2021, Chief Executive...
Amazon Ratchets up Anti-Union Pressure on Workers in Alabama
Amazon Inc. has unleashed a public-relations campaign at its warehouse in Bessemer, Alabama, hoping to persuade more than 5,800 workers to reject the Retail, Wholesale, and...
PhonePe Raises Rs 150 Crore From Parent Company
PhonePe has received Rs 150 crore from PhonePe Pvt Ltd, Singapore in funding, as per regulatory filings. PhonePe Pvt Ltd, Singapore (formerly Flipkart Payments Pvt...
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...
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...
Sriram Venkataraman to be New Flipkart Commerce CFO
Walmart-owned Flipkart has appointed Sriram Venkataraman as chief financial officer (CFO) for the commerce division (Flipkart and Myntra) of India’s homegrown company. The announcement comes after...
Motorola to Launch Foldable Razr with two screens on 6 Feb
Lenovo-owned Motorola’s much-awaited vertically foldable smartphone ‘Moto Razr’ is all set to release on February 6 for $1,499, with preorders starting on January 26 in...
Paytm to Start Planning IPO in 22-24 Months: CEO
The giant online payment platform Paytm will start preparations for an initial public offering (IPO) in the next 22-24 months. The announcement has been made...
Walmart Sues Tesla for ‘Negligence’
Walmart Inc sued Tesla Inc, accusing it of ‘widespread negligence’ that led to repeated fires of its solar systems and asking a court to force...