Page 17 - Walmart

Flipkart partners with over 50,000 kiranas ahead of Big Billion Day sales

It has done this in preparation for the festive season and its flagship sale event Big Billion Days

Taking all shelf space: Why Reliance Retail will be a tough act to follow

Reliance Retail is everywhere, and its consumers can do just about everything - entertainment to payments and financial product purchase - that business model is hard to emulate, writes Arvind Singhal

PhonePe to expand business, digitise 25 mn small merchants, create 10K jobs

The company plans to reach 5,500 talukas via its merchant acquisition team that will lead to over 10,000 jobs being created in semi-urban and rural areas

Kishore Biyani, once India's answer to Sam Walton, bows out of retail biz

Mismatch between ambition and resources; debt does him apart, say experts

Here's why Wall Street thinks Walmart's move to buy TikTok makes sense

Companies have been scrambling to advertise and sell on apps like TikTok and Facebook's Instagram, where shopping has surged

Walmart teams up with Microsoft on potential bid for video app TikTok

The discussions are ongoing and other suitors for TikTok are involved, said two people close to the deal talks, who were not authorized to speak publicly

Walmart joins Microsoft bid for TikTok's US assets as video app's CEO quits

Chief Executive Kevin Mayer is leaving just three months after joining, in the middle of negotiations to sell the Chinese-owned video app's US operations to Microsoft Corp or Oracle Corp

PhonePe gears up for IPO by 2023, eyes a valuation of $7-10 billion

The company's foray into financial services is going to play a key role in the firm becoming profitable and going public

Flipkart sales have crossed pre-Covid-19 levels, says Walmart CEO

McMillon said that he is pleased with how the teams at Flipkart managed the Covid-19 environment in a really effective way

Walmart beats on profit, posts record growth in online sales amid Covid-19

The near-doubling of online sales in the second quarter helped the retailer trounce Wall Street expectations for quarterly profit and same-store sales

In pics: Reliance in Fortune's top 100 global companies; see top 10 list

According to the Fortune, this year, Global 500 companies employ 69.9 million people. Check out the list to know more

Walmart Labs' Indian entity to be known as Walmart Global Tech India

The technology arm of the US retail giant said the move is part of the launch of its new global identity as Walmart Global Tech.

4 Big Tech CEOs under US Congress scanner on issues of competition, privacy

One of them is the world's richest individual (Bezos); another is the fourth-ranked billionaire (Zuckerberg)

Walmart's reverse merger with Flipkart may bulk up valuations ahead of IPO

The reverse merger may bulk up valuations ahead of an IPO in two years, but questions about the performance of the wholesale business remain

RIL's home team advantage

India's complicated e-commerce policy with restrictions on overseas investors may help keep out global retail and e-commerce players

Walmart to spend another $428 mn on employee bonuses amid Covid-19 crisis

The United States' largest employer said the new spending brings the total expenditure on employee bonuses to $1.1 billion this year.

Reliance emerging as bigger threat for US giants like Amazon, Walmart, Zoom

Stake sales in Reliance's digital unit Jio Platforms attracted not just private equity and sovereign wealth funds but also Google and Facebook

Fighting Covid-19: Walmart latest retailer to ask customers to wear masks

Walmart will require customers to wear face coverings at all of its namesake and Sam's Club stores, making it the largest retailer to introduce such a policy

Flipkart starts part payment method to reduce cancellations, order returns

Walmart-owned e-commerce firm says option would encourage pre-paid transactions and reduce cash on delivery

Walmart's PhonePe assures employees there will be no layoffs, salary cuts

The Walmart-owned company says it continues to hire and has plans to add about 600 people across areas such as engineering and marketing over the next few months