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FLIPKART FARMER MART
Country Delight eyes $100 million, value may touch $550 millionTemasek, Venturi, Premji Invest may fund firm- Flipkart, Walmart invest $145 million in Ninjacart in online grocery pushThis is the third time Flipkart is investing in Ninjacart. It first invested an undisclosed amount in the Bengaluru-based startup in 2019 a...
- Flipkart's sweet Diwali; chatbot firms cheer 'WhatsApp commerce'The Flipkart Group, including fashion portal Myntra, bagged a market share of around 60% during this year's Diwali sales, according to data...
- Flipkart puts fresh foods platform plan in cold storageThe Flipkart management is said to be of the view that it will be difficult to drive traffic to, or exploit synergies with, its flagship e-...
- Flipkart, Walmart deliver $30 million more to NinjacartFlipkart, which has been a laggard in the grocery segment compared to its main rival Amazon, is using Ninjacart's supply of fresh produce t...
- Government rejects Flipkart's plan to enter food retailFlipkart FarmerMart had proposed to retail food products made or produced in India through Flipkart and other online and mobile platforms
- Flipkart’s wholesale unit may go live next quarterFlipkart has over the last few months ramped up its supply chain capabilities and engagements with manufacturers in the run-up to the launc...
- Fired Walmart India executives write to headquartersThe downsizing came as part of a larger strategy to shut the Mumbai fulfilment centre.
- Walmart’s cash & carry business may go to FlipkartThe move comes shortly after talks with the Tata Group made no headway.
- Flipkart piloting fresh fruits & vegetables delivery in HyderabadIn December, Flipkart and its US-based parent jointly invested an undisclosed sum in Ninjacart, a fresh produce supply chain startup.
- Walmart India lets go of top executives across divisionsWalmart announced layoffs across sourcing, agri-biz & FMCG divisions. More people will have to leave later.
- Take three: Flipkart’s $100+ million online grocery bet in IndiaIn its third big shot at online food and grocery, Flipkart pieces together the legs of its strategy through two big investments in seven da...
- Flipkart two key units losses up 69%, revenue up 43%Separately, Flipkart Internet, the India unit which runs the company’s marketplace business, has recorded a 40% rise in losses to Rs 1,624 ...
- Flipkart unit’s losses rise 40% to Rs 1,624 croreThe unit saw operating revenues increase by 51% to Rs 4,234 crore during the year as compared to FY18, according to filings obtained from t...
- Amazon, Flipkart will take at least a year to build supply chain capabilities: BigBasket's Hari Menon“This is very good for the sector and how modern trade grew and opened up a new way to shop,” Menon said, adding that as grocery extends be...
- Flipkart to start selling food through FarmerMartIn India, consumers spend about $500 bn on groceries annually. FarmerMart, with an authorised equity capital of Rs 1,845 crore, will sell i...
- Flipkart to foray into food retail with new entityThe entity is set to apply for a food retail license and has received board approval for the same during last month’s board meeting held in...
- Government asks Amazon to keep food business and marketplace separateGlobal bigwigs like Wal-Mart Stores and others had cold-shouldered the new segment, arguing that selling only thin-margined food items didn...
- Amazon told to keep food items separate from othersAmazon had sought approval to invest Rs 3,500 crore in India over five years to sell third-party and its own private-label food articles, s...
- Online retail creating India's retail revolutionThe new-age online retailing models are incredibly innovative in terms of their procurement, inventory management, vendor base development ...
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