Walmart | The Asian Age

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India is a critical market for both Walmart and Amazon, and a deal with Flipkart would help either player in consolidating their position in the booming e-commerce market here.

Flipkart undertakes USD 350 mn buyback ahead of Walmart deal

Walmart is expected to pump in as much as USD 12 bn for primary and secondary shares, valuing Flipkart at about USD 20 bn.

04 May 2018 1:28 PM

A deal with Flipkart would step up the Walmart-Amazon battle for a bigger share of India’s fledgeling e-commerce market.

Amazon offers to buy 60 per cent stake in India's Flipkart

Amazon also offered Flipkart a breakup fee of $2 billion, the CNBC-TV18 channel reported.

02 May 2018 7:14 PM

Amazon.com Inc has made a formal offer to buy a 60 per cent stake in Indian online retailer Flipkart.

Amazon offers to buy 60 per cent stake in India's Flipkart: source

Flipkart’s investors and founders are in favor of the deal with Walmart.

02 May 2018 2:58 PM

A Walmart spokesman declined to comment on the negotiations in the UK and India. (Photo: AFP)

Walmart attempts international turnaround with UK, India tie-ups

Walmart is also looking to acquire a majority stake in India’s Flipkart for $10 billion to $12 billion.

30 Apr 2018 10:41 AM

Flipkart, SoftBank did not immediately respond to requests for comment, while a representative for Walmart in India declined comment.

Walmart could buy stake in Flipkart as early as next week: sources

Walmart’s purchase of new equity is likely to value Flipkart at at least $18 billion.

21 Apr 2018 10:12 AM

Walmart will buy both new and existing Flipkart shares, with the new shares expected to value the Bengaluru-based firm at at least $18 billion.

Walmart close to buying majority of Flipkart, deal likely by end-June

The price for existing shares would value the firm at about $12 billion.

12 Apr 2018 2:18 PM

A stake in Flipkart would pit Walmart against Amazon.com in India and media have reported that Amazon is exploring a rival offer for Flipkart.

Walmart completes due diligence

A deal is far from finalised, however, and talks between the two parties and investors in Flipkart are ongoing, said a third source.

07 Apr 2018 6:11 AM

Walmart is in talks to buy a stake of over 40 per cent in Flipkart, a direct challenge to Amazon in Asia’s third-largest economy. (Photo: AFP)

Amazon may offer to buy India's Flipkart: report

Amazon declined to comment while Flipkart did not immediately respond to a request seeking comment.

04 Apr 2018 10:35 AM

Amazon may offer to buy India's Flipkart: Mint

A deal with Walmart is more likely to go through, according to people with knowledge of the matter.

04 Apr 2018 9:20 AM

Deepening its existing partnership with Humana, or even acquiring the company outright, could be a step toward turning its 4,700 or so US stores into healthcare centres that aim to attract more shoppers over 65. (Representational Image)

Brave new world of retail: Walmart’s new strategy to get shoppers to buy drugs

Walmart is the largest retailer to hit upon the combination of retail and health insurance, but it is not the first.

01 Apr 2018 2:51 PM

US technology company is teaming up with retailers including Target Corp, Walmart Inc, Home Depot Inc, Costco Wholesale Corp and Ulta Beauty Inc. (photo: AFP)

'Where can I buy?' - Google makes push to turn product searches into cash

New Google program, Shopping Actions, will be available in the US to retailers of all sizes.

19 Mar 2018 11:59 AM

Walmart said it does not sell bump stocks or high-capacity magazines and in 2015 stopped selling the AR-15 -- the type of gun used by 19-year-old Nikolas Cruz in Parkland, Florida. (Photo: AFP)

Walmart raises minimum age to buy firearms, ammunition to 21

The company also said it goes 'beyond federal law by requiring customers to pass a background check before purchasing any firearm.'

01 Mar 2018 1:46 PM

Walmart says it expects its e-commerce business to ramp up this year and sees e-commerce rising 40 per cent this year, the same pace as last year.

Walmart to launch new online home shopping experience

Walmart’s home shopping site will include curated collections and nine shop-by-style options including modern, traditional and bohemian.

23 Feb 2018 8:34 AM

These facilities, which cost Walmart millions of dollars and took nearly five years to build, are starting to pay off. (Photo: AFP)

Walmart ramps up tech to fight Amazon

American top brick-and-mortar retailer takes cloud to improve its offers.

15 Feb 2018 2:14 AM

Bengaluru-based Flipkart was not immediately available for comment outside regular business hours.

Walmart in talks to buy minority stake in Flipkart: report

A deal could be finalised as early as March and may involve primary and secondary sales by longstanding Flipkart investors.

31 Jan 2018 10:02 AM

Walmart India would be setting up various touch-points across the city for members to get a virtual store walk and browse through the aisles.

Walmart to launch its Cash & Carry business in Mumbai

This FC is expected to bring in almost 1,500 direct and indirect jobs to the city and help develop SME.

29 Sep 2017 4:25 PM

Shopping by voice means giving orders to the Alexa assistant on Amazon's Echo speaker and other devices.

Shopping by voice on Amazon or Google device could cost you

In the name of convenience, Amazon and Walmart are pushing people to shop by just talking to a digital assistant.

25 Aug 2017 8:26 AM

Google and Walmart have announced a partnership that will make the retailer's products available on the internet giant's online shopping mall.

Google, Walmart team up to offer voice shopping with Google Assistant

Walmart will take on Amazon by integrating Google Express, which allows customers to purchase products of a large range of brands.

23 Aug 2017 2:50 PM

Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra.

Walmart to open 15 'cash and carry stores' in Maharashtra

Walmart India currently owns and operates 21 best price modern wholesale membership clubs across nine states.

12 Jul 2017 8:10 PM

Prime Minister Narendra Modi. (Photo: File)

Modi to discuss job creation with American CEOs

Government is expected to focus a lot of efforts on employment front going forward.

22 Jun 2017 4:09 PM

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Sunil Gatade