Myntra to offer more discounts on promise of 'no return'Scheme, similar to that of Walmart-owned Jet.com, will help the fashion ecomm co save on reverse logistics cost that is shared with custome...
Wanted: CEO for Walmart 'Stealth Company' that doesn't exist yetThe world’s largest retailer has posted an opening for a “CEO, Stealth Company” who would lead the latest startup housed inside its technol...
Amazon plans mega 30-hours sale next month to counter Walmart-FlipkartIndia’s $672-billion retail market has become the latest battleground for Walmart and Amazon after US, especially after Walmart picked up 7...
Azim Premji backs US-based e-commerce fraud-prevention startup SignifydThe Indian tech titan’s personal investing vehicle Premji Invest led the deal, valuing the seven-year-old company at roughly $400 million.
Walmart is right on Flipkart despite investor ire: Sarah HalzackAnd by making this investment in Flipkart, Walmart played some indirect defense against Amazon, which was reportedly kicking the tires on a...
Walmart-Flipkart sets big menu for India marketA significant portion of Walmart’s proposed investment in Flipkart will be used to build infrastructure including food parks, cold chain, c...
Walmart in talks to buy a significant minority stake in FlipkartIf a deal takes place, Walmart may acquire a 15-20% stake in Flipkart, allowing them to combine synergies to compete with Amazon in India.
Walmart Labs in Bengaluru to power the company's future: Jeremy King"We have huge amounts of data and massive scale and so are able to attract senior engineers, data scientists and machine-learning experts t...
Wal-Mart asks employees to deliver packages on their way homeWal-Mart is tapping into its 4,700 US stores and more than a million retail employees as it seeks to redefine itself in an age of ecommerce...
R&D key to Walmart's Amazon battleOnline publication Recode wrote last month that Amazon has a similar algorithm one that works to match or beat prices from other websites a...
Wal-Mart looks at online presence, Amazon considers offline storesAmazon.com is going to have a significant brick-and-mortar presence. The only remaining question is when and how.
Flipkart may follow Jet.com model to offer discounts on single box deliveryFlipkart may soon offer discounts on multiple products delivered in a single box, a service modelled on US ecomm startup’s Smart Cart.
Walmart's investment in Flipkart might run into troubleIn July this year Flipkart-owned Myntra acquired fashion e-tailer Jabong from the troubled Rocket Internet. It is interesting that Jabong w...
The accidental millionaire in Jet.com's sale to Wal-MartThe cash-and-stock sale to Wal-Mart could have boosted that since Jet's private valuation was pegged at around $1.5 billion last November, ...
Walmart agrees to acquire Jet.com for $3 billion in cashThe acquisition, which is subject to regulatory approval, has been approved by the Boards of Directors for both companies and is expected t...
Jet.com deal with Wal-Mart hinges on keeping founderThe deal combines Jet’s proprietary technology, customer data and Lore’s e-commerce know-how with Wal-Mart’s extensive supplier relationshi...
Bain Capital Ventures raises $600 million for technology startupsIf this pace continues, 2016 will easily outstrip the $36 billion raised by funds in 2015 and mark a high not seen in more than a decade.