Walmart's built a ragtag alliance of tech firms to battle AmazonFear of Jeff Bezos helps explain why Walmart has in recent years forged alliances with Google, Microsoft, China’s JD.com and other tech pla...
08 Aug, 2018, 11.11 AM IST
Walmart kicks off second-largest bond sale of the year to fund Flipkart purchaseJust a week before Walmart announced its plans for a stake in Flipkart, it agreed to sell a controlling stake of its of its British busines...
21 Jun, 2018, 09.02 AM IST
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.
31 May, 2018, 09.43 AM IST
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...
10 May, 2018, 08.48 AM IST
A $12 billion for a majority stake in Flipkart would be Walmart’s biggest acquisition everAfter all, e-commerce is expected to grow explosively in India, and it's a market Amazon.com has not yet dominated.
01 May, 2018, 10.47 AM IST
Walmart may double Flipkart valuation to $20 billion for a big stakeAt present, SoftBank is the largest shareholder in Flipkart with a 23.6% stake, followed by Tiger Global with 20.5% and Naspers with 13%. F...
08 Feb, 2018, 11.04 AM IST
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.
31 Jan, 2018, 06.20 AM IST
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.
19 Apr, 2017, 10.26 AM IST
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.
12 Dec, 2016, 12.25 AM IST
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...
26 Oct, 2016, 03.31 PM IST
Walmart, Flipkart may gang up on AmazonAn alliance will allow Flipkart to leverage Walmart’s global supply chain and increase efficiency in procurement, product assortment and im...
27 Sep, 2016, 09.09 AM IST
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, ...
09 Aug, 2016, 10.52 AM IST
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...
08 Aug, 2016, 07.03 PM IST
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...
08 Aug, 2016, 05.35 AM IST