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Walmart targets $10 Billion annual exports from India, with toys taking center stage
Walmart, the prominent US retail giant, aims to boost its annual exports from India to $10 billion, with a notable share attributed to domestic...
Adani Total Gas signs agreement to boost Flipkart’s efforts in decarbonizing supply chain
Adani Total Gas Limited (AGTL) has entered into a Memorandum of Understanding (MoU) with Flipkart, an ecommerce company owned by Walmart. The aim is...
Flipkart’s B2C division nears INR 15,000 Cr in sales for FY23, registers reduced net loss of INR 4,026 Cr
Flipkart Internet Private Limited, the B2C division of Walmart-owned Flipkart, saw its operating revenue nearing the INR 15,000 Cr mark in the fiscal year...
Walmart invests $600 Million in Flipkart as e-commerce giant gears up for $1 Billion funding round
Flipkart, a prominent e-commerce platform supported by Walmart, is reportedly in the process of raising a new funding round of $1 billion, with a...
Amazon, Walmart, and Target go head to head in race to accelerate delivery speeds
Walmart, Target, and Amazon are deeply invested in the shipping wars, a strategic maneuver acknowledged by retail experts as crucial for maintaining a competitive...
Walmart-backed PhonePe’s move to invest in Dunzo stumbles amid investor apprehension
Walmart-backed PhonePe recently made an offer to cash-strapped Dunzo to invest a significant amount in its merchant network business, at a time the latter...
Myntra hits 60 Million monthly users, 75 Million new app users milestone amidst festive season boom
During the festive season, Myntra, an online fashion retailer under the Walmart umbrella, achieved an all-time high with 60 million monthly active users. Fueled...
Flipkart opens first ever grocery fulfillment center in Bhubaneswar, promising 24 hour delivery
Flipkart, owned by Walmart, has launched its first grocery fulfillment center in Bhubaneswar, Odisha, as part of an initiative to expand its grocery services.The...
Walmart ramps up exports from India to reduce dependence on China
Walmart, the worldwide retail powerhouse with ownership of Flipkart and PhonePe, is increasing its export of goods from India. This strategic move aims to...
Walmart ups the ante with swifter deliveries this holiday season through parcel stations
On Tuesday, Walmart, a key player in the retail industry, announced its plans to incorporate parcel stations into its online fulfillment centers. This strategic...
Walmart’s Q3 performance takes a hit as Flipkart’s Big Billion Day sale shifts to Q4
Walmart's India operations experienced a subdued third quarter, with festivities dampened by the delayed onset of the festive season.In its Q3 financial results unveiled...
Walmart eyes major expansion in India, aiming to source $10B worth of goods annually
Walmart, which regards India as a key market for sourcing, is actively seeking to collaborate with emerging Indian suppliers and manufacturers as it aims...