“There's going to be a lot of growth here and I think it's going to be inclusive growth,” McMillon said, while addressing the Indian suppli...

Walmart CEO Doug McMillon has praised India's potential for growth and called for “inclusive growth" in the country. The executive said tha...

The CEO reinforced Walmart’s commitment to India and building an ecosystem of suppliers and partners, including small and medium enterprise...

Walmart, in its quarterly earnings call for the September quarter, said its international revenue increased 13% to $26.8 billion in constan...

Speaking at Baird 2022 Global Consumer, Technology & Services Conference in New York on Tuesday, McKenna said there has been “clear proof o...

Walmart, which bought a majority stake in Flipkart four years ago, believes the ecommerce platform has shown “clear proof of value” and is ...

"We think this will open a global opportunity for SMEs to spread the communities and accelerate India's progress as a manufacturing destina...

Speaking at the Converge@Walmart event, McKenna said learnings from the Indian operations have helped Walmart make improvements in its exis...

Walmart is also on track to record $75 billion in global ecommerce sales by the end of this year, the US-based retailer said.

“We will do it (Flipkart IPO) when it's time for the business, it's not an output, it’s not a target for us to do that,” Walmart Internatio...

Walmart’s India businesses of Flipkart and PhonePe performed exceptionally well last year, despite challenges posed by the pandemic, Walmar...

The FDI rules for e-commerce do not allow foreign investment in the inventory-based model or multi-brand retailing.

The Myntra-Jabong combine has witnessed restructuring of its top deck since November 2018, leading to the departure of its CEO Ananth Naray...

The company reiterated that the change in earning guidance, which was notified when the Flipkart transaction was announced, is driven only ...

Bansal and McKenna jointly introduced the newly-appointed Flipkart Group’s chief financial officer Emily McNeal, who has been Walmart’s M&A...

Judith McKenna, Executive VP, President and CEO of Walmart International, on a recent investor call has said the e-commerce market in India...

We are committed to Flipkart being successful in India. This is not a short-term investment. We have already shown commitment and we believ...