Flipkart Shuts Down The Operations Of eBay India
Flipkart owned e-commerce website eBay India has terminated all of its operations in India, as the parent company has announced that they will soon introduce...
Tag : Walmart
Amazon Inc. Invests 2700 Crores In India
US online retail giant Amazon Inc has invested US$ 386 million (nearly Rs. 2700 crores) earlier this month in the midst of an ongoing online...
CCI Approves The Flipkart Acquisition By Walmart
Competition Commission Of India (CCI) has approved the proposal of Walmart to acquire Bangalore based Indian e-commerce giant Flipkart. CCI made the approval through twitter...
Walmart acquires 77% of Flipkart for USD 16 billion
Walmart will acquire 77% of Flipkart for USD 16 billion. The remaining stake will be held by some of Flipkart’s existing shareholders, including Flipkart co-founder Binny Bansal,...
Flipkart board approves proposal to sell 75% stake to Walmart
Flipkart’s board of directors has given an approval to sell approx 75% stake to a group led by Walmart, for approx USD 15 billion. As a...
Walmart partners with data analytics firm Plumb5
Walmart India has partnered with the data analytics firm Plumb5 for customising communication with its members. Walmart has said in a statement, “Launched this month,...
Amazon, Walmart aims to invest more Rs 2,000 crore in India
World’s largest retailers, Walmart Stores Inc and Amazon, are going to invest more than Rs 2,000 crore to build their networks and gain a share...
Walmart aims to open 5 stores in Himachal
Walmart is planning to open five stores in Himachal Pradesh with an investment of around Rs 65 crore and has written to the state government in...
Pankaj More has been appointed as Technology Head by Walmart India
Walmart India announced about the appointment of Pankaj More as its Technology Head. Pankaj More will be reporting to Walmart India President and CEO Krish...