News

Walmart’s deal for Flipkart, one of the largest and riskiest in its history, follows a pattern of purchases over the past 18 months as it expands its footprint beyond box stores.
Foreign companies operating in India's booming e-commerce sector face many regulatory and legal challenges from authorities ...
Rumors that Walmart (WMT) wants to invest in Flipkart have been making the rounds since 2016, but the saga appears to be nearing a conclusion: Reuters reported on Thursday that Walmart is just ...
Walmart bought majority stake in Flipkart for USD 16 billion last week. CIOIndia spoke to industry veterans and analysts to understand what works and what does not work in the deal.
Walmart, the world’s largest retailer, has finally confirmed that it is making a $16 billion investment into Flipkart for a 77 percent share of the online retailer. Tencent, Tiger Global ...
Walmart Inc said on Saturday in a filing with a U.S. regulator that it may take India's Flipkart public in as early as four years, detailing for the first time a potential listing timeline for ...
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.
Hence, the weakness in Walmart stock lately. Walmart stock dropped almost 5% last Wednesday following news that it would be taking a majority stake in India's Flipkart.
Walmart Inc. agreed to buy a controlling stake in India’s biggest online retailer, striking a blow against rival Amazon.com Inc. as the battle for e-commerce supremacy goes global.
Walmart's (WMT.N) Flipkart should not be treated the same as rival Amazon (AMZN.O) in an Indian antitrust probe as the evidence against the two firms was "qualitatively different", Flipkart argued ...
Walmart Inc-owned Flipkart on Monday ushered back SoftBank Group Corp (9984.T) as an investor in a $3.6 billion funding round, doubling the Indian online retailer's valuation to $37.6 billion in ...
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.