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Google joins Walmart-led funding round to back Flipkart’s expansion plans
Walmart-backed Flipkart has secured Google as a minority investor for its latest funding round, led by the US-based retail giant. Flipkart has highlighted that...
Flipkart unveils ‘IRIS’ insights platform, targets increased share of D2C brands’ ad spending
Flipkart, a Walmart-owned e-commerce platform, has revamped its offerings for brands with the launch of an insights platform called IRIS.IRIS, short for Insights and...
Flipkart mulls reverse flip to India as IPO looms on the horizon
Flipkart, a major player in e-commerce, is in talks to relocate its parent entity from Singapore to India, as reported by ET.Valued at around...
Flipkart revamps seller rate card for transparent settlements and improved clarity
Flipkart, a leading player in e-commerce, has updated its pricing structure for sellers, aiming to improve their experience on the platform and provide clearer...
Walmart launches store-label food brand ‘Bettergoods’ to attract younger shoppers
Walmart is introducing its largest store-label food brand in two decades, offering a wide range of items. This move aims to attract younger customers...
Flipkart’s UPI hits new high: Records 5 Million transactions in March
Walmart-backed e-commerce major Flipkart recorded 5 million UPI transactions worth INR 197.24 crore in March, marking its first month of full-fledged UPI launch.Demonstrating its...
Ninjacart makes strategic investment in Philippines-based agritech firm Mayani
Ninjacart, a Walmart-backed agritech company, has made a strategic investment in Philippines-based agri-fisheries startup Mayani.However, the financial terms of the deal were not disclosed...
Walmart launches dedicated page for Indian sellers, reinforcing commitment to Indian market
Walmart, the multinational retailer, has introduced a dedicated page for Indian sellers to join and sell on its marketplace platform. The company initiated a...
Flipkart’s bid for majority stake in Zepto hits snag; quick-commerce startup shifts focus to financial investors
Flipkart, a leading player in e-commerce, engaged in discussions with Zepto regarding a potential deal. However, as reported by ET, these discussions have come...
Flipkart expands VIP subscription to eight new cities, intensifying competition with Amazon Prime
Several months after launching its VIP subscription programme, Walmart-backed ecommerce giant Flipkart has rolled out the service to 8 new cities in order to increase its...
Flipkart Internet receives INR 1,421 Cr in funding from Singapore-based parent
Flipkart Internet, the e-commerce subsidiary of the Walmart-backed company, has received INR 1,421 Cr (approximately $170 Mn) through an internal fund transfer from its...
Levi Strauss raises annual profit forecast following cost reductions; shares soar 7%
Levi Strauss increased its annual profit outlook on Wednesday, citing the apparel company's recent cost reductions from workforce reductions and reduced markdowns on its...