Tag: Walmart
Indian court rejects Amazon, Walmart’s Flipkart bid to block antitrust probe
An Indian court dismissed the appeals by US-based eCommerce giant Amazon and American multinational retail corporation Walmart's Flipkart that sought to hold back an...
Flipkart secures $3.6bn in new funding; Softbank back as investor
Walmart-owned Indian eCommerce company Flipkart has brought back Japanese multinational conglomerate holding company SoftBank Group as an investor in a $3.6 billion funding round,...
India’s Flipkart seeks to raise $1bn in pre-IPO financing: Sources
According to sources, the Indian eCommerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in...
Adani joins forces with Walmart in stiff Indian eCommerce rivalry; Prepares...
The eCommerce unit of American retailer Walmart has signed a pact with the Indian tycoon Gautam Adani to build one of the largest retail...
India’s Flipkart considers quicker US IPO with SPAC
According to sources, Walmart-owned Indian eCommerce company Flipkart is looking to go public in the US through a merger with a blank-check company as...
Electric future: India’s Flipkart to deploy 25,000 EVs by 2030
Walmart-owned Indian eCommerce firm Flipkart said it will deploy over 25,000 electric vehicles (EV) by 2030, in line with its aim to fast track...
China’s ByteDance pulls out of TikTok deal in US
Chinese technology giant ByteDance, the owner of viral short video-sharing platform TikTok has reportedly pulled out of its alleged deal with US multinationals Oracle...
Walmart to face trial for allegedly triggering US Opioid crisis
The world’s biggest retailer, Walmart has been accused by the US Justice Department of ignoring warnings from its own pharmacists and continuing to supply...
