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Flipkart wholesale arm records revenue at Rs 51,176 crore in FY22
Flipkart India Private Limited, the wholesale business arm of the e-commerce major, saw its revenue rise 18 percent to Rs 51,176 crore in FY22, while...
US sues Walmart for facilitating money transfer scams worth $197 mn
The US Federal Trade Commission (FTC) has sued retail commerce giant Walmart for allegedly allowing its money transfer services to be used by...
PhonePe gearing up for IPO this year
Digital payment company seeks valuation of $8-10 bn; Flipkart-owned firm already raised $1.7 bn in 13 rounds
Navi appoints Meesho founder Vidit Aatrey as independent director
Sachin Bansal-led Navi has appointed Vidit Aatrey, the founder of social commerce platform Meesho, as an independent director on its board.
Walmart beats profit expectations as demand remains steady at stores
Walmart Inc beat full-year profit and US sales expectations, signaling steady demand at stores even as supply-chain issues during the holiday season...
Amazon to open algorithm-based fashion store in LA
The online retailer is making another push to grow its fashion business, announcing that it will open its first-ever apparel store this year, with a...
Walmart invites Indian sellers to expand via US market
The company has set an ambitious goal of exporting products worth $10 billion from India each year by 2027
Walmart plans to enter Metaverse, sell NFTs
Amid the buzz around Metaverse, retail giant Walmart has revealed plans to enter the field of highly immersive virtual reality/augmented reality...
