 "Walmart CEO met senior leadership of Flipkart as well as Myntra and PhonePe to discuss the strategy to take on US rival Amazon with whom it is locked in a fierce battle for dominance in India’s online retail market")
During his townhall address to Flipkart employees at the company’s headquarters in Bengaluru, Walmart President and Chief Executive Officer (CEO) Doug McMillon was learnt to be quite impressed with the e-commerce major’s technological prowess while emphasising the need of leveraging some of those for the Bentonville-based company’s global operations.
McMillon, seen wearing blue jeans and a T-shirt emblazoned with the yellow-and-blue Flipkart logo instead of the usual suit and tie, told the employees that as far as the use of technology is concerned, Flipkart is years ahead, compared to what Walmart uses in the US.
He also said that the
