Walmart India

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New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart's Flipkart as they may have to review their business structures, senior industry sources said

In July, Flipkart announced the acquisition of Walmart India for an undisclosed amount, and launched 'Flipkart Wholesale'

The 152-year-old Tata Group is talking to Walmart Inc. for a $25 billion investment in a "super-app," a multipurpose online platform

According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart

Flipkart Wholesale's 'Big Festival Month' would offer a wide range of products in categories

West Bengal and Odisha governments have said that Flipkart can be associated as a technology service provider of Diageo -backed HipBar, an Indian alcohol home delivery mobile app

Says a few sellers will get preferential treatment, Flipkart will engage in deep discounting in groceries

Flipkart says it would leverage the strong wholesale capabilities of the company and enable growth for kiranas and MSMEs

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With muted economic sentiment, we expect that customers will move towards more value purchases, Walmart India Best Price CEO Sameer Aggarwal said

The special package of incentives for the smaller format mom and pop stores is likely to be a part of the e-commerce policy being drafted by the Commerce and Industry Ministry

As the Coronavirus outbreak hits small enterprises, many of them are pivoting businesses to tap new opportunities in the post-Covid-19 world

Privileging physical retail over e-commerce is risky

Walmart Inc and e-commerce major Flipkart will spend Rs 38.3 crore towards in-kind donations into India to help with the front-line response efforts, a statement said.

This is his third promotion in the two years since he joined the company in April 2018 as Exec Vice President; taking over from Krish Iyer

Walmart said the return on assets (RoA) was 6.7% and 3.4% for the financial years ended January 31, 2020, and 2019, respectively

Holiday sales for brick-and-mortar retailers were disappointing as 2019 saw a majority of shoppers switch to online buying, helping Amazon report "record" sales for the period

The employees laid off include those in real estate and sourcing, industry sources said, as Walmart increasingly focuses on its online operations in India

The firings mostly affected executives in the company's real estate division because the growth in the wholesale model has not been that robust