Walmart | The Asian Age

Tuesday, Apr 23, 2024 | Last Update : 04:12 PM IST

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Walmart confirmed the previously unreported decision, and said it still partners with seven delivery firms, including DoorDash and Postmates, four of which it signed up in January.

Walmart, Google-backed Deliv end online grocery partnership

Walmart began bolstering its partnerships with third-party courier firms to reach consumers in 100 US cities last year.

13 Feb 2019 9:28 AM

Walmart spokeswoman Molly Blakeman told Reuters the retailer and Deliv mutually decided to end the partnership. (Photo: AFP)

Walmart, Google-backed Deliv end online grocery partnership

Walmart is now working mostly with restaurant delivery firms that deliver an order.

12 Feb 2019 1:00 PM

The revised policy on FDI in online retail, issued by the commerce and industry ministry, also said that these firms have to offer equal services or facilities to all its vendors without discrimination.

Optimistic about Indian market despite changes in e-comm FDI policy: Walmart

Walmart may quit Flipkart as the new FDI policy came into effect, which would lower its profitability in the long run.

06 Feb 2019 12:27 PM

India does not allow foreign investors to control and market their own inventory on their e-commerce platforms.

Walmart, Amazon scrambling to comply with India's new e-commerce rules

In late December, India modified rules around foreign direct investment (FDI) in e-commerce.

01 Feb 2019 5:57 PM

Flipkart said it will continue to work with the government to promote fair, pro-growth policies that will continue to develop this nascent sector.

E-comm rules: Flipkart disappointed with govt’s revised FDI policy

Flipkart says government executed the FDI policy in haste.

01 Feb 2019 11:01 AM

New Policy will bar e-commerce companies from selling products from firms in which they have an equity interest and also ban them from reaching deals with sellers to only sell on one platform.

Flipkart warns of major ‘customer disruption’ if new rules not delayed

The policy move has jolted Walmart, which last year invested $16 billion in Flipkart in its biggest ever deal.

30 Jan 2019 1:46 PM

The government’s move has jeopardised Amazon and Flipkart’s plans to tap the fast-growing e-commerce market.

Snapdeal backs India's e-commerce curbs

India will from Feb. 1 impose restrictions on how e-commerce firms operate.

29 Jan 2019 11:18 AM

The parent entity was issued 4.86 lakh shares in Flipkart India at a price of about Rs 29,400 per share.

Flipkart India raises Rs 1,431 crore from parent firm

Flipkart had invested Rs 2,190 crore in Flipkart India in December last year.

17 Jan 2019 4:31 PM

The new e-commerce policy could entail provisions for a regulator in the sector dominated by US tech giant Amazon.com and homegrown Flipkart, which was bought over by retail giant Walmart for $16 billion earlier this year.

India to issue draft e-commerce policy in few weeks: government source

India introduced changes to foreign direct investment rules

28 Dec 2018 9:03 AM

Flipkart will continue to invest in innovation for consumers and sellers in the coming year as it focusses, says CEO Kalyan Krishnamurthy.

Focussed on bringing next 200 mn Indians into e-commerce fold: Flipkart CEO

E-commerce continues to happen heavily in the more traditional categories like consumer electronics, fashion, appliances, home goods.

20 Dec 2018 11:00 AM

Founded in 2016, Int.ai has invested and built expertise in architecting an analytics automation framework which will support Walmart Labs in its quest to further fuel the robust business and product innovation.

Walmart Labs hires tech team from Int.ai to boost data analytics

Walmart Labs has been strongly committed to redefining the prevailing boundaries of technology.

13 Dec 2018 12:24 PM

As many as 44 shareholders of Flipkart, including significant ones like SoftBank, Naspers, venture fund Accel Partners and eBay, sold their holdings to Walmart.

Income Tax dept examining taxation issues in Walmart-Flipkart deal

Walmart has reportedly paid over Rs 7,439 crore as taxes to the government on payments made by it to major shareholders of Flipkart.

04 Dec 2018 4:22 PM

Leading the ranking is Amazon, accounting for 48 percent share, owing to the upcoming holiday season.

Walmart pushes down Apple to become number 3 online retailer

Walmart is poised to capture 4 percent retail e-commerce sale this year making USD 20.91 billion.

19 Nov 2018 9:47 AM

Some 700 employees of Myntra and 519 employees of Jabong, the fashion and lifestyle brands of Flipkart, too have posted their CVs on the job portal.

6,500 Flipkart staff hunt for jobs

These job seekers include 27 and 16 senior execs from Myntra and Jabong respectively.

17 Nov 2018 1:11 AM

Binny Bansal quit as Chairman and Group CEO of Flipkart on Tuesday.

Stunned Bansal denies charges, will remain on Flipkart board

Binny Bansal has strongly refuted the allegations of “serious personal misconduct.

14 Nov 2018 10:39 AM

On account of FDI restrictions, Walmart India can not engage in selling directly to consumers.

Walmart-Flipkart deal: NCLAT adjourns hearing over CCI's approval

Traders' body CAIT against fair trade regulator CCI's approval for Walmart's USD 16 billion acquisition of Flipkart.

12 Nov 2018 4:30 PM

Walmart said it expects its US same-store sales growth to be in the range of 2.5-3 per cent.

Walmart says USD 16 billion Flipkart deal to hit earnings

Walmart expects net sales growth to be about 5 per cent internationally in constant currency.

16 Oct 2018 7:22 PM

E-commerce major Flipkart on Monday said it has added 30,000 jobs in its supply chain and logistics operations, ahead of the festive sale where the Walmart-backed company will compete head-on against rival, Amazon.

Flipkart on hiring spree, adds 30,000 seasonal positions for festive season

The seasonal hiring by Flipkart is spread across the entire supply chain -- from warehouses, to mother hubs, and delivery hubs.

08 Oct 2018 3:26 PM

The retailer continues, however, to look for options to boost its video-on-demand business and offer programs that target customers who live outside of big cities.

Walmart partners with MGM to boost video-on-demand service Vudu

Walmart has been looking to prop up Vudu’s monthly viewership that remains well below that of competitors like Netflix and Hulu LLC.

08 Oct 2018 11:57 AM

Individual shareholdings in Flipkart and those who offloaded the stake have not been publicly declared either by the seller or the buyer.

Walmart submits details of tax deducted from Flipkart investors

Walmart on September 7 paid Rs 7,439 crore tax on payments it made to buy out shares of 10 major shareholders of Flipkart.

04 Oct 2018 8:22 AM

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Columns

Aakar Patel

walmart Page-4

Walmart, Google-backed Deliv end online grocery partnership

Walmart, Google-backed Deliv end online grocery partnership

Optimistic about Indian market despite changes in e-comm FDI policy: Walmart

Walmart, Amazon scrambling to comply with India's new e-commerce rules

E-comm rules: Flipkart disappointed with govt’s revised FDI policy

Flipkart warns of major ‘customer disruption’ if new rules not delayed

Snapdeal backs India's e-commerce curbs

Flipkart India raises Rs 1,431 crore from parent firm

India to issue draft e-commerce policy in few weeks: government source

Focussed on bringing next 200 mn Indians into e-commerce fold: Flipkart CEO

Walmart Labs hires tech team from Int.ai to boost data analytics

Income Tax dept examining taxation issues in Walmart-Flipkart deal

Walmart pushes down Apple to become number 3 online retailer

6,500 Flipkart staff hunt for jobs

Stunned Bansal denies charges, will remain on Flipkart board

Walmart-Flipkart deal: NCLAT adjourns hearing over CCI's approval

Walmart says USD 16 billion Flipkart deal to hit earnings

Flipkart on hiring spree, adds 30,000 seasonal positions for festive season

Walmart partners with MGM to boost video-on-demand service Vudu

Walmart submits details of tax deducted from Flipkart investors

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