Page 16 - Walmart

Walmart reverses move to pull firearms, ammunition from US store floors

The retailer said the civil unrest earlier this week was isolated

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO

Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai

Gadkari urges Walmart to work with khadi cos to take their products global

He also highlighted that the MSME sector in India is a major job creator and contributor to the country's gross domestic product

Flipkart eyes retail brands, acquires 7.8% stake in Aditya Birla Fashion

The Walmart-owned firm is in a race with rivals Amazon and Reliance's JioMart, who are also following a similar strategy

Walmart sues US govt in pre-emptive strike in opioid abuse battle

The government is expected to take civil action against the world's largest retailer, seeking big financial penalties

Walmart, Flipkart make fresh investment in supply chain tech firm Ninjacart

For Bengaluru-based Ninjacart, the investment further deepens the partnership with Walmart and the Flipkart Group to improve its offerings and enhance the customer experience

Walmart, Flipkart Group pump in additional investment in Ninjacart

Walmart and Flipkart Group on Monday announced a fresh round of investment in Bengaluru-based business-to-business (B2B) supply chain company Ninjacart

Amazon to host month-long Great Indian Festival starting October 17

This will be Amazon India's biggest event ever as it will last at least a month and allow hundreds of thousands of small and medium businesses to offer unique selection to customers

Low-profile Indian origin brothers buy British supermarket chain Asda

'We've been on the pumps, we've been stocking the shelves', say Mohsin and Zuber Issa.

Indian-origin brothers pull off coup, buy UK supermarket chain Asda

Pull off an acquisition bigger than the Tatas' Corus and JLR deals, will hold controlling stake while Amazon will own a minority share

General Atlantic to invest Rs 3,675 cr into Reliance Retail for 0.84% stake

Strategic investor to be inducted later; General Atlantic becomes third PE firm to infuse funds

Walmart in talks to invest $25 bn in Tata Group's 'super app': Report

According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart

Beyond TikTok deal, Walmart looks to transform the broader retail sector

The retailer could, for example, embed advertisements in the user-generated videos with links to the Walmart website or siphon data from the site's tens of millions of users

TikTok asks judge to block US order from barring new app downloads

A federal judge in San Francisco on Saturday issued a preliminary injunction blocking a similar Commerce Department order from taking effect on Sunday on Tencent Holdings' WeChat app

Math doesn't add up: Differing views create confusion in TikTok-Oracle deal

A key reason for the discrepancy lies in differing views over the eventual distribution of TikTok's shares

TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal

Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump

ByteDance says not aware of $5 billion education fund in TikTok deal

US President Donald Trump said he had approved a deal, which included a $5 billion education fund, to allow TikTok to continue to operate in the United States

Oracle, Walmart target greater reach, social media toehold with Tiktok deal

Oracle and Walmart together could end up with as much as 20% of the entity, purchased in a round of financing that would precede an initial public offering

Tencent investing $62.8 mn in Flipkart amid China-India border row

"Our calculations based on available data indicate that Tencent holds a stake in the range of 4 - 5.3 per cent," said Paper.vc

Walmart, Zipline team up to launch drone delivery program early next year

Walmart, based in Bentonville, Arkansas, said Monday that it plans to eventually expand to general merchandise