Page 12 - Walmart

Digital payments firm PhonePe crosses 2-bn mark in monthly transactions

PhonePe's phenomenal growth comes on the back of rapid traction across Tier-II, Tier-III cities and beyond

BharatPe approaches Delhi HC against PhonePe's over multiple registrations

The Delhi-based firm has filed six cancellation actions against multiple registrations held by its rival PhonePe.

Walmart recalls 3,900 room sprays due to possible dangerous bacteria

The CDC has been investigating four confirmed cases of melioidosis, including two deaths, the CPSC said

Walmart's shoppers can now buy Bitcoin at 200 kiosks in its stores

Walmart is testing the service weeks after a high-profile hoax in which a fake press release said the retailer would start letting customers pay with a cryptocurrency called Litecoin

PhonePe starts charging processing fee on mobile recharges via UPI

The company is the first digital payments app to have started charging for UPI-based transaction which is being offered for free by its competitors

'Containergeddon': Supply crisis drives Walmart, rivals to hire own ships

Aim is to bypass log-jammed ports and secure scarce ship space at a time when Covid-19, as well as US-China trade ructions, equipment shortages have exposed fragility of globe-spanning supply lines

Walmart's Myntra to host mega fashion sale event, eyes 5.5 mn customers

Myntra's 360-degree marketing campaign for the festive season, with over 100 national and regional celebrities and popular influencers, is expected to reach 150 mn people

Walmart's Myntra to host biggest fashion sale event of festive season

Myntra expects over 1.1 million first-time shoppers to shop for their festive needs during the event.

Walmart, Flipkart sign MoU with Tamil Nadu govt, to support MSMEs

Walmart and Flipkart on Wednesday announced the signing of memorandum of understanding with Department of MSME in Tamil Nadu to establish long-term cooperation for providing capacity building support

Walmart and Flipkart sign an MoU to hand-hold MSMEs in Tamil Nadu

Through the Walmart Vriddhi programme, delivered by knowledge partner Swasti, entrepreneurs and small businesses receive training free of cost, through a blended learning approach

Challenge for banks as outsiders Amazon, IKEA crack the finance code

Analysts say the risk for traditional lenders is that they will get pushed further away from the front end of the finance chain

Walmart says litecoin tieup statement fake; cryptocurrency jolted

Walmart Inc said on Monday that a press release announcing a partnership with litecoin, which briefly led to a nearly 30% surge in the cryptocurrency's price, was fake

Tripling India sourcing to $10 bn a year by 2027: Walmart Int'l CEO

Judith McKenna said the Covid-19 pandemic highlighted the importance of Walmart's flexible, agile and diversified global supply chain

PhonePe gets in-principal nod from RBI to operate as an account aggregator

Account aggregators are responsible for providing services based on the explicit consent of individual clients, which includes the transfer, but not storing, of a client's data

India has its own rules, we must comply with them: Walmart CEO McMillon

Says Flipkart business has now reached over 300,000 marketplace sellers and PhonePe business has more than 300 million users

India among most exciting markets, to grow to $1 trn by 2025: Walmart CEO

The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a trillion dollars by 2025, according to CEO Doug McMillon

India, Mexico markets push Walmart international business grow 13% in Q2

US retail giant Walmart saw its operations in markets like India, China and Mexico push its international business growth by 13 per cent in the second quarter ended July 31

Walmart raises forecast as people return to stores; online sales slow

The world's biggest retailer has also been given a boost by stimulus checks handed out during the pandemic

Ambitious again? Tata group entering too many global giants' turfs all at once

With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan

Walmart's Flipkart expands grocery services in Tamil Nadu and Kerala

Will offer online grocery shopping to users in Coimbatore and in neighbouring cities of Madurai, Trichy, Ernakulam, Tirupur, Erode, Thrissur, Palakkad and Malappuram