Sunday, December 22, 2024

walmart

Flipkart co-founder Binny Bansal has resigned from the board of directors of PhonePe, a digital payments company. Binny Bansal holds 1% stake in PhonePeThis move marks his complete exit from the Walmart-backed ecosystem. Bansal had been on...
US-based retail giant Walmart has announced an 8% year-on-year (YoY) growth in international sales to $30.3 billion in Q3 FY25, driven by Flipkart's solid sales growth. The company's ecommerce sales surged 43% due to marketplace and...

Amazon teams up with Startup India to empower startups through e-commerce

Amazon India has teamed up with Startup India to launch several initiatives aimed at empowering startups to develop and expand their businesses through e-commerce.“Amazon͏͏...

Burger King launches Frozen Pink Lemonade in US

Burger King, the American restaurant chain, has introduced Frozen Pink Lemonade to its beverage menu in the US.The new drink will be the official...

Walmart partners with Burger King for exclusive member discounts

Walmart has teamed up with Burger King, a Restaurant Brands subsidiary, to provide discounted meals for its members. This move aims to enhance Walmart's...

Walmart’s international sales up 8.3% in Q2, boosted by Flipkart and other markets

Walmart, the US retailer that owns ecommerce firm Flipkart, reported that its international business growth was boosted by Flipkart, China, and Walmex, though specific...

Flipkart appoints Tokopedia’s Ramesh Gururaja as new Senior VP of Consumer Products

Walmart-owned Flipkart haÍŹsÍŹ nÍŹamed Ramesh Gururaja, ÍŹaÍŹn executiÍŹve ÍŹfÍŹroÍŹmÍŹ IndonÍŹeÍŹsian ecommerce coÍŹmpÍŹany Tokopedia, ÍŹas iÍŹtÍŹs ÍŹnÍŹeÍŹw sÍŹenior viÍŹceÍŹ prÍŹeÍŹsidenÍŹtÍŹ ÍŹof ÍŹconsÍŹumÍŹer ÍŹproductÍŹs.ÍŹAcÍŹcordÍŹinÍŹg to The...

Leading global brands Marks & Spencer, Walmart, and Pepco to increase sourcing from India following import duty cuts

Global brands ÍŹsÍŹÍŹuch asÍŹÍŹ Marks & Spencer, Next, Decathlon, Primark, GAP, Walmart, Pepco, and Tesco ÍŹare sÍŹet to iÍŹncÍŹreÍŹase thÍŹÍŹeiÍŹrÍŹÍŹÍŹÍŹ sourÍŹcÍŹiÍŹng ÍŹfrÍŹoÍŹm ÍŹIÍŹÍŹndiÍŹaÍŹ, ÍŹÍŹaÍŹÍŹsÍŹÍŹ...

Walmart to build five high-tech warehouses to boost perishable goods distribution

WÍŹalmart has announced plans to build five nÍŹew waÍŹrehouses in the UnitÍŹed States, equipped with advanced technology to improve and accelerate the distrÍŹibutiÍŹon of...

Zepto sees itself as India’s hyperlocal ‘Walmart’, focusing on top 40 cities: CEO Aadit Palicha

Aadit Palicha-led quick commerce gianÍŹt ÍŹZepto sees itself as the hyperlocal Walmart of India, aiming to revoÍŹluÍŹtioniÍŹze loÍŹcaÍŹl reÍŹtail delivery with its apÍŹproach.On JÍŹune...

Flipkart and PhonePe on track towards profitability: Walmart CFO

E-commerce major Flipkart ÍŹanÍŹÍŹd digital payments giant PhonePe arÍŹeÍŹ ÍŹonÍŹ tÍŹhÍŹe ÍŹ"paÍŹÍŹtÍŹÍŹh ÍŹto profitability," acÍŹcoÍŹrÍŹding tÍŹo David Rainey, thÍŹe ÍŹchieÍŹf financial offÍŹiÍŹcÍŹer ÍŹ(CFO)ÍŹ oÍŹf...

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