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Walmart Inc. WMT continues to strengthen its market leadership through a powerful omnichannel strategy that combines its vast store footprint with growing digital capabilities. By investing in ...
Walmart's stock is down 13% on slower-than-expected online sales growth for the last three months of 2017. Investors also gave a $16 billion deal for Indian online retailer Flipkart an icy response.
Walmart upped its stake in Flipkart in July 2020, valuing the Indian e-commerce platform at $24.9 billion. Flipkart’s $3.6 billion raise in July 2021 lifted its value to $37.6 billion.
Flipkart India Pvt., the e-commerce giant owned by Walmart Inc., is using social videos and livestreams to convert young consumers spending a lot of time on their smartphones into loyal customers.
Meanwhile, Flipkart India, the business to business arm of Flipkart, saw its operating revenue surging over 26% year-on-year to INR 70,541.9 Cr in the year ended March 2024 ...
Walmart’s interest in investing in Flipkart was first reported in 2016, and the deal boosts its firepower in a battle with Amazon in a country of 1.3 billion people.
Walmart-backed Flipkart has launched a $50 million employee stock buyback scheme for 7,000–7,500 staff, allowing liquidation of up to 5 per cent of vested options at $174.32 per unit. Aimed at talent ...
Walmart Inc. recently paid $1.4 billion to buy out the shares of Flipkart held by another large investor, increasing its control over the Indian e-commerce company.
In the first quarter of fiscal 2026, Walmart reported a 22% increase in global e-commerce sales. The growth comes on the back of its robust omnichannel strategy, which blends the strengths of its ...