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KATHRYN MCLAY
Walmart reshuffles executive team ahead of Furner's takeover as global CEODavid Guggina has been named the new CEO of Walmart U.S., the company's largest division. He will take over the role from John Furner. Gugg...- Walmart International chief Kathryn McLay to step down after two yearsKathryn McLay will step down as CEO of its Walmart International unit on January 31 but will remain with the company through the first quar...
- Flipkart appoints ex-Meta exec Dan Neary to board in preparation for 2026 IPOFlipkart has inducted former senior Meta executive Dan Neary to its board of directors. The addition of Leary comes at a crucial time when ...
- The Sanchar Saathi U-turn; Meesho IPO off to a flying startIn a volte-face, the telecom ministry has withdrawn the controversial directive mandating that Sanchar Saathi be preloaded on new smartphon...
- Walmart International’s margins squeezed by Flipkart, Myntra quick commerce betsWalmart International’s gross profit dipped in the June quarter due to rising investments in India’s quick commerce sector via Flipkart and...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Gensol’s default; Ola’s dismal Q4Happy Friday! Gensol Engineering has failed to make repayments on bonds that used BluSmart taxis as collateral. This and more in today’s ET...
- Ola Electric’s Q4 losses double; Walmart on quick commOla Electric’s troubles compounded with net loss increasing two-fold in the March quarter. This and more in today’s ETtech Top 5.
- Quick commerce now accounts for 20% of ecommerce sector in India: Walmart International CEOKathryn McLay says Walmart is excited about Flipkart’s growth but is not so focused on profitability in such a way that we would trade off ...
- Walmart looks to treble sourcing of goods from India to $10 billion a yearWalmart, the multinational retail hypermarket, has disclosed that it has procured goods worth over $30 billion from the Indian market over ...
- Walmart sourced goods worth over $30 billion from India in last two decadesWalmart is encouraging MSMEs (Micro, Small and Medium Enterprises) and entrepreneurs with proper training and believes that there is a trem...
- Walmart promotes CEO of Sam's Club to head International division as Judith McKenna retiresIn some of Walmart's other big international markets like Mexico and South Africa, structural problems exacerbated by the pandemic have dam...
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