Walmart India

Google and Walmart Inc. are rapidly gaining customers from India's Paytm, the fintech pioneer struggling to navigate central bank restrictions and the potential shutdown of a key payments affiliate.

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.

Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.

Run off their virtual feet at the start of India's festival season, e-commerce companies like Amazon and Walmart owned Flipkart are looking forward to a potentially record breaking few weeks. Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled.

Calls for protests over a longstanding river water sharing dispute between Tamil Nadu and Karnataka have forced global firms including Walmart and Google to ask employees in Bengaluru to work from home on Tuesday.

Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview. Meesho competes with Amazon and Walmart's Flipkart in India's fast-growing e-commerce market, with its website becoming popular by targeting smaller towns and cities...

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to its investors.

China's Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South Korea's Samsung. 44 percent of India's smartphones sales are now online.

Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.

Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference.

Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have singled out th...

Decacorn fintech firm PhonePe on Monday said it has secured an additional $100 million investment from General Atlantic.

Prime Minister Narendra Modi on Sunday said his recent meeting with Walmart CEO Doug McMillon was a fruitful one during which they had insightful discussions on different subjects.

The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior company official said on Thursday. The government launched the Open Network for Digital Commerce (ONDC) last year to give small businesses and retailers access to processes and technologie...

Retail giant Walmart on Wednesday said India's unique ecosystem of suppliers will help the company in achieving its goal of exporting goods worth $10 billion (nearly Rs. 81, 950 crore) from the country annually by 2027. Addressing Indian suppliers and partners, Walmart President and CEO Doug McMillon reaffirmed the roadmap for strengthening partne...

Google and Walmart Inc. are rapidly gaining customers from India's Paytm, the fintech pioneer struggling to navigate central bank restrictions and the potential shutdown of a key payments affiliate.

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.

Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.

Run off their virtual feet at the start of India's festival season, e-commerce companies like Amazon and Walmart owned Flipkart are looking forward to a potentially record breaking few weeks. Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled.

Calls for protests over a longstanding river water sharing dispute between Tamil Nadu and Karnataka have forced global firms including Walmart and Google to ask employees in Bengaluru to work from home on Tuesday.

Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview. Meesho competes with Amazon and Walmart's Flipkart in India's fast-growing e-commerce market, with its website becoming popular by targeting smaller towns and cities...

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to its investors.

China's Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South Korea's Samsung. 44 percent of India's smartphones sales are now online.

Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.

Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference.

Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have singled out th...

Decacorn fintech firm PhonePe on Monday said it has secured an additional $100 million investment from General Atlantic.

Prime Minister Narendra Modi on Sunday said his recent meeting with Walmart CEO Doug McMillon was a fruitful one during which they had insightful discussions on different subjects.

The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior company official said on Thursday. The government launched the Open Network for Digital Commerce (ONDC) last year to give small businesses and retailers access to processes and technologie...

Retail giant Walmart on Wednesday said India's unique ecosystem of suppliers will help the company in achieving its goal of exporting goods worth $10 billion (nearly Rs. 81, 950 crore) from the country annually by 2027. Addressing Indian suppliers and partners, Walmart President and CEO Doug McMillon reaffirmed the roadmap for strengthening partne...