Walmart Acquires Flipkart
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Flipkart in Talks to Buy Reliance-Backed Dunzo: Report
Walmart-backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter.
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PhonePe Announces Shift of Domicile From Singapore to India
PhonePe, a part of the Walmart-controlled Flipkart group, announced that it has completed the process of moving its domicile from Singapore to India. The development comes ahead of its plans to launch an initial public offering (IPO) for expanding its financial services portfolio and deepening its core United Payments Interface (UPI)-based payments...
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Flipkart Raises its IPO Valuation Target to $60-70 Billion for U.S Listing in 2023
Flipkart has raised its IPO Valuation target from $50 billion (roughly Rs. 380002.75 crore) to $60-70 billion (roughly Rs. 456051.3 crore to Rs. 532003.85 crore). The e-commerce giant is focusing on its two new businesses - online healthcare and travel bookings, to increase valuations.
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Flipkart Plans Foray into Healthcare With Flipkart Health+, to Acquire Majority Stake in Sastasundar
Flipkart is planning to enter the online healthcare market with the launch of Flipkart +. The Walmart-owned company announced on Friday that it will be acquiring a majority stake in SastaSundar.com that offers digital healthcare and pharmacy platform supported by a network of more than 490 pharmacies.
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Tata Digital Buys Majority Stake in BigBasket for Rs. 9,500 Crores to Rival Amazon, Flipkart
Tata Digital, a unit of Tata Sons, has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon, Walmart's Flipkart, and Reliance.
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Flipkart Said to Aim for IPO in Fourth Quarter of 2021
Flipkart, the e-commerce giant controlled by Walmart, is making progress toward an IPO as soon as the fourth quarter of this year, according to people familiar with the matter.
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Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs
Flipkart on Thursday launched the Flipkart Wholesale as a digital marketplace to serve local kirana stores and micro, small, and medium enterprises (MSMEs) in India. The e-commerce company is acquiring 100 percent stake in Walmart India to enable the new experience.
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Flipkart in Talks to Buy Grocery Chain Namdhari's Fresh: Report
Namdhari's operates over 30 stores in the southern city of Bengaluru.
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Bengal Traders To Join Nationwide Strike To Protest Flipkart-Walmart Deal
West Bengal traders' body today said they would join the proposed national strike of traders on September 28 to protest the Flipkart-Walmart deal and FDI in retail trade.
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Walmart Asked To Explain India Business Model After Flipkart Buy
India's National Company Law Appellate Tribunal (NCLAT), a local semi-judicial body, has asked a Walmart Inc unit to explain its business model in India, following an objection raised by a traders body against its $16 billion acquisition of e-commerce firm Flipkart.
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Walmart Says It Has Acquired 77 Percent Stake in Flipkart
Walmart now holds approximately 77 per cent of Flipkart, while the remainder of the business is held by other shareholders.
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Flipkart Acquisition by Walmart Gets Approval From Competition Commission of India
Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion in the biggest deal for India's e-commerce sector.
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Walmart Expects to Close Flipkart Deal This Year
Walmart expects to close the $16 billion deal to acquire 77 percent stake in Flipkart this year, according to a regulatory filing.
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Walmart Expects To Close Flipkart Deal By End Of 2018
US retail giant Walmart expects to close the USD 16 billion deal to acquire 77 per cent stake in Flipkart this year, according to a regulatory filing.
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Walmart Go Back! Indian Trader, Farmer Groups Decry Flipkart Deal
A day after US retail giant Walmart struck its largest deal with a big ticket investment in Indian online marketplace Flipkart, a right-wing Hindu group that fears small traders will suffer staged a protest in New Delhi calling for the deal to be scrapped.
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Flipkart in Talks to Buy Reliance-Backed Dunzo: Report
Walmart-backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with the matter.
-
PhonePe Announces Shift of Domicile From Singapore to India
PhonePe, a part of the Walmart-controlled Flipkart group, announced that it has completed the process of moving its domicile from Singapore to India. The development comes ahead of its plans to launch an initial public offering (IPO) for expanding its financial services portfolio and deepening its core United Payments Interface (UPI)-based payments...
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Flipkart Raises its IPO Valuation Target to $60-70 Billion for U.S Listing in 2023
Flipkart has raised its IPO Valuation target from $50 billion (roughly Rs. 380002.75 crore) to $60-70 billion (roughly Rs. 456051.3 crore to Rs. 532003.85 crore). The e-commerce giant is focusing on its two new businesses - online healthcare and travel bookings, to increase valuations.
-
Flipkart Plans Foray into Healthcare With Flipkart Health+, to Acquire Majority Stake in Sastasundar
Flipkart is planning to enter the online healthcare market with the launch of Flipkart +. The Walmart-owned company announced on Friday that it will be acquiring a majority stake in SastaSundar.com that offers digital healthcare and pharmacy platform supported by a network of more than 490 pharmacies.
-
Tata Digital Buys Majority Stake in BigBasket for Rs. 9,500 Crores to Rival Amazon, Flipkart
Tata Digital, a unit of Tata Sons, has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon, Walmart's Flipkart, and Reliance.
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Flipkart Said to Aim for IPO in Fourth Quarter of 2021
Flipkart, the e-commerce giant controlled by Walmart, is making progress toward an IPO as soon as the fourth quarter of this year, according to people familiar with the matter.
-
Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs
Flipkart on Thursday launched the Flipkart Wholesale as a digital marketplace to serve local kirana stores and micro, small, and medium enterprises (MSMEs) in India. The e-commerce company is acquiring 100 percent stake in Walmart India to enable the new experience.
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Flipkart in Talks to Buy Grocery Chain Namdhari's Fresh: Report
Namdhari's operates over 30 stores in the southern city of Bengaluru.
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Bengal Traders To Join Nationwide Strike To Protest Flipkart-Walmart Deal
West Bengal traders' body today said they would join the proposed national strike of traders on September 28 to protest the Flipkart-Walmart deal and FDI in retail trade.
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Walmart Asked To Explain India Business Model After Flipkart Buy
India's National Company Law Appellate Tribunal (NCLAT), a local semi-judicial body, has asked a Walmart Inc unit to explain its business model in India, following an objection raised by a traders body against its $16 billion acquisition of e-commerce firm Flipkart.
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Walmart Says It Has Acquired 77 Percent Stake in Flipkart
Walmart now holds approximately 77 per cent of Flipkart, while the remainder of the business is held by other shareholders.
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Flipkart Acquisition by Walmart Gets Approval From Competition Commission of India
Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion in the biggest deal for India's e-commerce sector.
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Walmart Expects to Close Flipkart Deal This Year
Walmart expects to close the $16 billion deal to acquire 77 percent stake in Flipkart this year, according to a regulatory filing.
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Walmart Expects To Close Flipkart Deal By End Of 2018
US retail giant Walmart expects to close the USD 16 billion deal to acquire 77 per cent stake in Flipkart this year, according to a regulatory filing.
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Walmart Go Back! Indian Trader, Farmer Groups Decry Flipkart Deal
A day after US retail giant Walmart struck its largest deal with a big ticket investment in Indian online marketplace Flipkart, a right-wing Hindu group that fears small traders will suffer staged a protest in New Delhi calling for the deal to be scrapped.
