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Posts Tagged ‘ Wal-Mart ’

Flipkart said to be in talks with CPPIB and Wal-Mart to raise $1 bn

Monday, November 7, 2016 | More »

Bengaluru-based e-commerce firm and India’s biggest e-tailer Flipkart Ltd is reportedly in talks with world’s largest retailer Wal-Mart Stores Inc. and Canadian fund CPPIB to raise funds. Flipkart is trying to raise $1 billion in the next round of funding, The Hindu BusinessLine reported on Sund...


After CFO’s exit, Flipkart makes interim changes in management structure

A day after its chief financial officer quit, India’s biggest e-commerce player Flipkart has made a few changes in its management structure in the interim. On Tuesday, Flipkart’s chief financial officer Sanjay Baweja had resigned after a two year stint with the Bengaluru-based e-tailer to take u...

26 October, 2016 | More »


Another high-profile exit from Flipkart; CFO Sanjay Baweja resigns

India’s largest e-commerce company Flipkart’s chief financial officer Sanjay Baweja has quit. A Flipkart spokesperson confirmed the development to TechCircle. Baweja had joined the firm, which is battling an aggressive Amazon Inc., in November 2014 leaving the post of CFO at Tata Communications....

25 October, 2016 | More »


Amazon plans grocery stores in US to take on Wal-Mart

US- based etailer Amazon.com Inc., is planning offline grocery stores across the country, according to a media report. A report in The Wall Street Journal (WSJ) citing anonymous sources said that the Seattle-based company founded by Jeff Bezos is also introducing curbside pickup locations, which mea...

12 October, 2016 | More »


Online marketplace ShopClues to allow wholesale transactions on its platform

Online marketplace ShopClues.com has integrated a wholesale marketplace to its platform to enable buyers to purchase bulk quantities of products at wholesale prices. So, instead of just listing their merchandise on an online directory, wholesale merchants will get a chance to take their business onl...

14 March, 2014 | More »


Wal-Mart may launch e-com marketplace in India

World’s largest retailer Wal-Mart Stores Inc is planning to launch an e-commerce marketplace in India, allowing other smaller vendors to sell to consumers through its website and taking on its global arch rivals Amazon and eBay, according to a report by The Economic Times, citing sources. Accordi...

5 March, 2014 | More »


China’s Tencent brand valued at $34B, close to Wal-Mart

The Tencent brand is worth about $33.9 billion even though it’s almost unknown outside its home turf, according to an annual ranking of China’s listed companies compiled by advertising company WPP Plc and its research affiliate Millward Brown. Global retailer Wal-Mart was valued at $36 b...

3 December, 2013 | More »


Alibaba expects to nearly triple transaction volume by 2016, overtaking Wal-Mart as the world’s biggest retailer

Alibaba Group’s plans to revolutionise China’s retail industry, investing $16 billion in logistics and support by 2020, will open up China’s vast interior and bring access to hundreds of millions of potential new customers. With an extra $15 billion or so in its pocket from a likel...

14 October, 2013 | More »


Govt allows FDI in retail; Will Amazon start selling in India soon and what does it mean for e-com startups?

The government has given the nod on Friday, allowing up to 51 per cent foreign direct investment (FDI) in multi-brand retail in a big economic reform that could see a flood of foreign investments into the country. The move also provides a window for Amazon, the big daddy of online retail, to start r...

14 September, 2012 | More »

Facebook CEO’s ‘search’ comments raise hopes, questions

Facebook Inc Chief Executive Mark Zuckerberg has fired a warning shot that threatens to ignite a battle to marry social networking with one of the most valuable areas of the technology industry: search. Long dominated by Google Inc, the Web search market represents a “big opportunity” t...

13 September, 2012 | More »

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