Walmart Canada is teaming up with Myntra, the Indian fashion eCommerce platform of Flipkart, to hook up consumers and merchants in Canada and India. According to a report in Chain Store Age, by connecting with Myntra Walmart Canada can connect customers in Canada with merchants...
Walmart’s B2B eCommerce operations in India have enhanced business-to-business payments functionality as the retailer activated unified payments interface (UPI) for its members. Reports in the Times of India on Thursday (Aug. 16) said that Walmart India’s B2B eCommerce site, http://www.bestprice.in/, can now support direct online...
After much speculation – and a fair amount of “will they, won’t they” – it looks like the deal is done: Walmart will be the majority owner of Indian eCommerce up-and-comer Flipkart, with a 77 percent stake. All it will cost them is a cool $16 billion....
The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a $15 billion bid on the firm. The deal will give Walmart of a majority stake in the firm, roughly 75 percent of the entire Flipkart group. The final outcome...
June 09, 2024
Walmart’s India-based eCommerce marketplace and payments company aren’t quite ready to go public. “This is something we’re looking at over the next couple of years,” Walmart’s executive vice president for corporate affairs, Dan Bartlett, told Reuters last week in reference to the company’s marketplace Flipkart and payments platform PhonePe. And while Flipkart has been around […]
January 31, 2019
Walmart Canada is teaming up with Myntra, the Indian fashion eCommerce platform of Flipkart, to hook up consumers and merchants in Canada and India. According to a report in Chain...
May 10, 2018
After much speculation – and a fair amount of “will they, won’t they” – it looks like the deal is done: Walmart will be the majority owner of Indian eCommerce up-and-comer...
May 07, 2018
The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a $15 billion bid on the firm. The deal will give Walmart of a majority...
