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Posts Tagged ‘ Walmart ’

Flipkart to enter groceries, furniture segments; to sell Make-in-India products

Monday, November 21, 2016 | More »

Flipkart
Home grown e-commerce giant Flipkart plans to enter the groceries segment next year and will further develop its furniture business in a move to take on its biggest rival Amazon India. The firm intends to scale the grocery business operations over a three-year period, Binny Bansal, Flipkart’s chie...

Sachin Bansal

Not afraid of Amazon or Alibaba, says Sachin Bansal; stresses on ecom cos’ need to raise funds

Flipkart co-founder and executive chairman Sachin Bansal said ecommerce companies will need to continue raising funds to invest in functions such as talent and technology as the sector is still at its infancy. “E-commerce will need a lot more investments because the market is constantly growing, i...

16 November, 2016 | More »

Ram Charan

Companies can’t have long-term life without digital roadmap: Ram Charan

Every company that has a vision needs to be digitised because there is no long-term life without a digital roadmap, says renowned coach, speaker and author Ram Charan. And, for being relevant in the digital age, more investments are needed in technologies than focus on cheaper costs. In an exclusive...

9 November, 2016 | More »

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Walmart nearly doubles stake in Chinese online retailer JD.com

In what is turning out to be an ambitious year for Wal-Mart Stores Inc, the world’s largest retailer has nearly doubled its stake in Chinese online retailer JD.com. In a filing with the US regulator Securities and Exchange Commission, the American retailer—which does business as Walmart—has sa...

6 October, 2016 | More »

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Walmart-Flipkart combo may hurt common enemy Amazon

At a time when stakeholders in the Indian e-commerce industry were locked in an intense debate over who between Amazon and Flipkart will emerge the winner post the upcoming festive season, the development that the world’s largest retailer Walmart is in the process of picking up an equity stake in ...

27 September, 2016 | More »

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Walmart in early talks to invest in Flipkart

US-based offline and online retailer Walmart Stores Inc. is in early talks with Indian e-commerce firm Flipkart India Pvt. Ltd for an equity partnership, according to a report. The Economic Times reported, citing two sources it didn’t name, that “the companies are engaged in early talks and a me...

27 September, 2016 | More »

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Can Walmart and Flipkart help each other in India?

The world’s largest retailer Walmart’s acquisition of ecommerce company Jet.com has triggered speculation on whether this is the beginning of the company’s ambitious play in online retailing, a link sorely missing in its larger business plans. Also, there has been some discussion on whether wi...

16 August, 2016 | More »

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Should Flipkart & Amazon worry about Walmart’s entry into e-tail market?

World’s largest retailer Walmart Stores Inc. has finally entered the e-commerce business with the acquisition of a one-year old startup Jet.com. With the $3 billion takeover of US-based e-commerce company Jet, Walmart has signalled its interest in the lucrative online retail market. Given Walm...

9 August, 2016 | More »

Adam Hartung

Bigger is not always better – why Amazon is worth more than Walmart

This week an important event happened on Wall Street. The value of Amazon (about $248 billion) exceeded the value of Walmart (about $233 billion). Given that Walmart is the world’s largest retailer, it is pretty amazing that a company launched as an online book seller by a former banker only 21 ye...

27 July, 2015 | More »

Jack Ma

Alibaba Q2 revenue up 54% to $2.7B, profit down 38.6%; mkt cap more than Walmart

World’s largest e-commerce firm Alibaba Group Holding Ltd has reported a 54 per cent increase in its revenues for the quarter ended September 30, 2014, to RMB 16.83 billion ($2.7 billion) over the prior-year quarter. Net income for the period, however, declined 38.6 per cent to $494 million. T...

4 November, 2014 | More »

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