Amazon vs Walmart: Great American race begins for $1 trillion annual sales. How will this benefit customers in rural U.S?Amazon last year invested $4 billion to bring same-day or next-day deliveries to 4,000 smaller cities, towns and rural communities.
16 May, 2026, 06.48 PM IST
Walmart and Amazon race to win over rural America with speedier deliveriesWalmart and Amazon are aggressively expanding online delivery services into rural America, a market previously overlooked due to logistical...
16 May, 2026, 02.23 PM IST
Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in IndiaIndia’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as bevera...
12 May, 2026, 08.58 AM IST
Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%Amazon Web Services (AWS) surpassed Wall Street's cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despi...
30 Apr, 2026, 01.46 AM IST
What is Price Gouging? Australian government brings new rules to reduce grocery bills, giant retailers to face penalty in case of breach; all you need to knowAustralia is introducing new rules to curb excessive grocery pricing. Starting July 1, 2025, supermarkets will be prohibited from charging ...
14 Dec, 2025, 01.59 PM IST
BigBasket B2B arm's loss widens 21% in FY23; turnover at Rs 2,261 croreThe unit also registered a turnover of Rs 2,261.3 crore for the fiscal year. In FY22, the unit’s losses stood at Rs 177.9 crore, while its ...
09 Aug, 2023, 08.30 PM IST
Kroger mulls merger with Albertsons in deal worth $24.6 billion to form giant grocery chainKroger is planning to merge with Albertsons for $24.6 billion, as the merger of the two will create the largest grocery store chain in the ...
14 Oct, 2022, 08.39 PM IST
BigBasket gets another Rs 350 cr from holding companyTata Digital launched the app on April 7 after multiple delays and advertised it throughout the Indian Premier League (IPL).
02 Jun, 2022, 06.34 PM IST
BigBasket gets Rs 1,000 crore investment from its holding companyTata Digital owns an around 64% stake in Supermarket Grocery. Innovative Retail Concepts was made a subsidiary of Supermarket Grocery after...
13 Apr, 2022, 09.26 AM IST
Competition Commission approves BigBasket's 64% stake sale to Tata DigitalThe transaction, which marks one of the largest acquisition deals in India’s digital sector, will put the Tata group in direct competition ...
30 Apr, 2021, 09.26 AM IST
Merger and acquisitions jump over 17 per cent to USD 25.3 billion in Q1: ReportThough the deal value jumped 17.4 per cent to USD 25.3 billion across 97 deals, over USD 21.6 billion across 122 deals, which means the dea...
22 Apr, 2021, 05.45 PM IST
BigBasket’s wholesale unit revenue up 35%2019 starts on a good note for companies with BigBasket and PayPal posting promising numbers. That’s good news for emerging sectors FY 2017...
03 Jan, 2019, 02.51 PM IST
BigBasket’s operating loss up 12%The company’s overall loss shot up by almost 7 times from Rs 95 crore in FY16 to Rs 653 crore in FY17 due to “fair value changed to the fin...
30 May, 2018, 09.15 AM IST
BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
02 Feb, 2018, 10.24 AM IST
Amazon, two others get nod for FDI in food retailWhile Amazon Retail has proposed investment of Rs 3,500 crore, Supermarket Grocery Supplies has planned Rs 105 crore.
03 Aug, 2017, 12.23 AM IST
Ninjacart finds Rs 37crore funds under the MistletoeThe Bengaluru-based company changed to a business-to-business marketplace model, providing transparency of pricing to farmers and building ...
11 Apr, 2017, 09.00 AM IST
LocalBanya appoints two investment banks to run fund-raising mandateET could not ascertain the size of funding LocalBanya is looking to raise. Karan Mehrotra, cofounder and chief executive of LocalBanya, dec...
10 Jul, 2015, 07.26 PM IST