Walmart to deploy Flipkart’s tech capabilities globally: Report

Shweta Sharma

American retail giant Walmart plans to deploy Flipkart’s technical expertise in shopping experiences globally, a report ....

10 December, 2018

Walmart-owned Flipkart undertakes major management rejig

Binu Paul

Walmart-owned e-commerce major Flipkart is undertaking a top-level rejig across its business verticals even as the company is ....

7 December, 2018
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Amazon India gets $311 mn in fourth capital infusion this year

Vijayakumar Pitchiah

Amazon Seller Services Pvt. Ltd, the Indian division of US-based e-tailer Amazon, has received fresh capital worth Rs 2,200 crore ....

5 December, 2018

Is Walmart-owned Flipkart losing ground in Indian e-commerce battle with Amazon?

Kavya Kothiyal

Billionaire Jeff Bezos-led online retailer Amazon.com Inc.'s expansion in the US has probably given many a sleepless night ....

28 November, 2018

Flipkart co-founders and other shareholders get tax notice on Walmart deal

Binu Paul

The income tax department has served notices to 35 Flipkart shareholders including its co-founders Sachin Bansal and Binny Bansal ....

22 November, 2018

Walmart now owns more than 80% stake in Flipkart: Report

Binu Paul

US retail behemoth Walmart Inc has increased its controlling stake in homegrown e-commerce giant Flipkart, according to a media ....

21 November, 2018
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Flipkart hires former Sony Pictures executive as HR head

Dearton Thomas Hector

Walmart-owned homegrown e-commerce giant Flipkart has appointed former Sony Pictures executive Smriti Krishna Singh as its new ....

21 November, 2018

Myntra, Jabong to merge all functions; Ananth Narayanan remains CEO

Dearton Thomas Hector & Binu Paul

Myntra CEO Ananth Narayanan will continue heading the fashion e-tailer while sister company Jabong will keep operating as a separate ....

16 November, 2018

Walmart 'disappointed' with Flipkart situation but trusts bench strength

Payal Ganguly

US retail giant Walmart Inc. said it was confident about the leadership strength at Indian e-commerce unit Flipkart despite the ....

16 November, 2018

Walmart's Q3 e-commerce revenue jumps 43% on online grocery sales

Reuters

Walmart Inc reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong ....

15 November, 2018
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After Binny Bansal’s exit, what’s next for Walmart-owned Flipkart?

Team TC

Flipkart co-founder Binny Bansal’s abrupt resignation as group chief executive officer this week puts US retail giant Walmart ....

15 November, 2018

Will Paytm Mall’s new wholesale biz help it catch up with Flipkart, Amazon?

Vijayakumar Pitchiah

Paytm Mall is moving to take greater control of inventory on the e-commerce platform as it looks to bridge the gap with rivals ....

15 November, 2018

Flipkart's Binny Bansal resigns after probe into personal misconduct

Dearton Thomas Hector

Flipkart co-founder Binny Bansal has resigned as group chief executive officer following an independent probe into allegations ....

13 November, 2018

Exclusive: Micro-delivery grocery firm Milkbasket raises fresh funds from Mayfield

Vijayakumar Pitchiah

Gurugram-based micro-delivery grocery service Milkbasket has raised closed to Rs 10 crore ($1.37 million at current exchange rates) ....

12 November, 2018

Alibaba sets new record with $30.7 bn in Singles Day sales

Reuters

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during ....

12 November, 2018

Amazon versus Flipkart: Who is winning this year’s festive season sale?

Dearton Thomas Hector

In the carbonated beverages industry, the war between PepsiCo Inc. and Coca-Cola Inc. is legendary. There are plenty of examples ....

8 November, 2018

Flipkart, Amazon not abusing market position in India: CCI

Reuters

Amazon and its rival in India, the Walmart-owned Flipkart, did not break regulations through their selection of merchants and ....

8 November, 2018

Flipkart sale, Oyo valuation gain help SoftBank post higher Q2 profit

Team TC

SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake in ....

5 November, 2018

Amazon India marketplace revenue grows 58% in FY18, loss mounts to nearly $1 bn

Dearton Thomas Hector

Amazon Seller Services Pvt. Ltd, the Indian marketplace arm of US-based online retailer Amazon.com Inc., fell deeper into a loss ....

2 November, 2018

Amazon Pay's FY18 India loss widens as costs jump four-fold

Dearton Thomas Hector

Amazon Pay (India) Pvt. Ltd, the local digital payments arm of global e-commerce major Amazon.com Inc., has seen its operating ....

31 October, 2018

PhonePe lost nearly Rs 19 for every rupee in revenues for FY18

Vijayakumar Pitchiah

PhonePe Pvt. Ltd, the in-house payments arm of e-commerce major Flipkart, registered a 14-fold rise in revenues and incurred significant ....

30 October, 2018