The retail giant, which is facing the heat from aggressive Amazon on the home front, is paying the price for its late awakening in e-commer...

The robots will work behind the scenes, picking frozen and refrigerated foods as well as smaller general merchandise items from inside the ...

Marc Lore, who served as CEO of Walmart's e-commerce division, joined the company in September 2016 when Walmart bought Jet.com, an e-comme...

With Covid-19 and automation, GoI’s one-time employment darlings could become prodigal liabilities.

In 2013, Elon Musk outlined his vision for a new “fifth mode of transportation” that would involve zipping people through tubes at speeds a...

The world’s largest retailer has posted an opening for a “CEO, Stealth Company” who would lead the latest startup housed inside its technol...

And by making this investment in Flipkart, Walmart played some indirect defense against Amazon, which was reportedly kicking the tires on a...

“Wal-Mart’s final shareholding is likely to end up more close to 51% than 86%,” according to one of the sources mentioned above, saying tha...

The retail giant is negotiating to buy more than a 30% stake in Flipkart as it seeks to open another global front in its battle against Ama...

At 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...

If a deal takes place, Walmart may acquire a 15-20% stake in Flipkart, allowing them to combine synergies to compete with Amazon in India.

Wal-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...

Amazon.com is going to have a significant brick-and-mortar presence. The only remaining question is when and how.

The 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, ...

The deal combines Jet’s proprietary technology, customer data and Lore’s e-commerce know-how with Wal-Mart’s extensive supplier relationshi...

For big corporations, race for acquisitions is a `win some, lose some' proposition & as winners make headlines, the misses bring the intrig...

Marc Lore, formerly the CEO of Quidsi is working on unveiling a new e-commerce website called Jet, which is rumored to be an Amazon-killer.