Page 7 - Walmart

Amazon to host month-long Great Indian Festival starting October 17

This will be Amazon India's biggest event ever as it will last at least a month and allow hundreds of thousands of small and medium businesses to offer unique selection to customers

Low-profile Indian origin brothers buy British supermarket chain Asda

'We've been on the pumps, we've been stocking the shelves', say Mohsin and Zuber Issa.

Indian-origin brothers pull off coup, buy UK supermarket chain Asda

Pull off an acquisition bigger than the Tatas' Corus and JLR deals, will hold controlling stake while Amazon will own a minority share

General Atlantic to invest Rs 3,675 cr into Reliance Retail for 0.84% stake

Strategic investor to be inducted later; General Atlantic becomes third PE firm to infuse funds

Walmart in talks to invest $25 bn in Tata Group's 'super app': Report

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

Beyond TikTok deal, Walmart looks to transform the broader retail sector

The retailer could, for example, embed advertisements in the user-generated videos with links to the Walmart website or siphon data from the site's tens of millions of users

TikTok asks judge to block US order from barring new app downloads

A federal judge in San Francisco on Saturday issued a preliminary injunction blocking a similar Commerce Department order from taking effect on Sunday on Tencent Holdings' WeChat app

Math doesn't add up: Differing views create confusion in TikTok-Oracle deal

A key reason for the discrepancy lies in differing views over the eventual distribution of TikTok's shares

TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal

Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump

ByteDance says not aware of $5 billion education fund in TikTok deal

US President Donald Trump said he had approved a deal, which included a $5 billion education fund, to allow TikTok to continue to operate in the United States

Oracle, Walmart target greater reach, social media toehold with Tiktok deal

Oracle and Walmart together could end up with as much as 20% of the entity, purchased in a round of financing that would precede an initial public offering

Tencent investing $62.8 mn in Flipkart amid China-India border row

"Our calculations based on available data indicate that Tencent holds a stake in the range of 4 - 5.3 per cent," said Paper.vc

Walmart, Zipline team up to launch drone delivery program early next year

Walmart, based in Bentonville, Arkansas, said Monday that it plans to eventually expand to general merchandise

Flipkart partners with over 50,000 kiranas ahead of Big Billion Day sales

It has done this in preparation for the festive season and its flagship sale event Big Billion Days

Taking all shelf space: Why Reliance Retail will be a tough act to follow

Reliance Retail is everywhere, and its consumers can do just about everything - entertainment to payments and financial product purchase - that business model is hard to emulate, writes Arvind Singhal

PhonePe to expand business, digitise 25 mn small merchants, create 10K jobs

The company plans to reach 5,500 talukas via its merchant acquisition team that will lead to over 10,000 jobs being created in semi-urban and rural areas

Kishore Biyani, once India's answer to Sam Walton, bows out of retail biz

Mismatch between ambition and resources; debt does him apart, say experts

Here's why Wall Street thinks Walmart's move to buy TikTok makes sense

Companies have been scrambling to advertise and sell on apps like TikTok and Facebook's Instagram, where shopping has surged

Walmart teams up with Microsoft on potential bid for video app TikTok

The discussions are ongoing and other suitors for TikTok are involved, said two people close to the deal talks, who were not authorized to speak publicly

Walmart joins Microsoft bid for TikTok's US assets as video app's CEO quits

Chief Executive Kevin Mayer is leaving just three months after joining, in the middle of negotiations to sell the Chinese-owned video app's US operations to Microsoft Corp or Oracle Corp