Listen to the podcast to know how Reliance is all set to take on Amazon and Flipkart with its online food and grocery selling venture, JioMart
Metro, which had opened its first store in the country 15 years ago, zoomed past rivals like Walmart and Amazon Wholesale by turning profitable for the first time in 2018-19.
Amazon also announced its partnership with CII to conduct awareness workshops and training in pre-identified locations to enable small and medium businesses start their e-commerce journey.
The e-commerce company managed to achieve a 63% reduction in losses from Rs 46,895 crore ($6.6 billion) in 2018 to Rs 17,231 crore ($2.42 billion) for the financial year ending March 31, 2019.
Digital Green and TechnoServe have received $1.3 mn and $3.5 mn, respectively
To meet senior management at Flipkart HQs, address townhall
The company said, Aggarwal, who joined Walmart India in April this year, will continue to report directly to Walmart India President and CEO Krish Iyer
The company opened its 22nd store in Ludhiana late last month, which is the sixth in the state, where it began with and the second in the Punjab city
The new funding from the Walmart Foundation expands its ongoing efforts to develop and scale strong farmer producer organisations to help raise rural incomes
Walmart had conducted its own internal inquiry into the allegations of bribery
In the UP Investment Summit held earlier this year, Walmart India had signed a memorandum of understanding (MoU) with the state government to open 15 wholesale Cash and Carry stores
We are committed to having a fair share of women in the workforce: Walmart CEO
Our entry into or growth now in cash-and-carry is a strategic move, and it is not because 100% FDI is not there in retail: Iyer
To open 50 stores by 2020, may spend $600 mn for that
The company will now start an online platform without a physical store
Walmart India would be setting up various touch-points across the city for members to get a virtual store walk
Walmart India owns and operates 21 wholesale stores in nine states
Interview with Krish Iyer, President & CEO, Walmart India
Walmart India owns and operates 21 best price modern wholesale stores in 9 States across India