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WALMART FLIPKART ACQUISITION
Zepto overtakes Instamart in order count, trails Blinkit in scale and profitabilityFor the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order va...- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Oyo parent Prism gets Sebi nod for IPO; plans to raise Rs 6,650 crore: SourcesHospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans t...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Flipkart pauses IPO discussions amid rising volatility in marketsWalmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issu...
- Walmart CEO meets PM Modi, signals deeper India investmentWalmart CEO John Furner met with Indian Prime Minister Narendra Modi. The meeting focused on India's economic growth and investment opportu...
- Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Flipkart names Sharayu Jadhav as VP Legal, Varun Gupta as VP Corporate DevelopmentFlipkart has appointed Sharayu Jadhav as Vice President of Legal and Varun Gupta as Vice President of Corporate Development. Jadhav returns...
- Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources sayFlipkart is set to enter India's booming entertainment market. The e-commerce giant plans to sell movie and concert tickets. This move pits...
- Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources sayWalmart-owned Flipkart is set to enter India's burgeoning movie and concert ticket market, aiming for a May launch. This move into the fast...
- Myntra CEO Nandita Sinha to step down, Sharon Pais likely replacementSinha's exit adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is looking to go pub...
- Walmart shares buoyant statement on Flipkart in its Q3 earningsThis is the first financial quarter where Flipkart is part of Walmart’s results, albeit for 44 days.
- NCLAT adjourns hearing over CCI's Walmart-Flipkart deal approval to November 12NCLAT which is also an appellate authority over the Competition Commission of India (CCI), had asked Wal-Mart International Holdings Inc to...
- USISPF says Walmart-Flipkart deal will support 'Make in India'The deal will strengthen the agriculture supply chain and create new skilled jobs, the USISPF said in a tweet.
- Flipkart-Walmart deal makes strong case for big Indian cos to join etail partyWalmart takes the crown jewel of Indian ecommerce space, sending a loud message to Indian conglomerates that they can’t afford to miss the ...
- Walmart opens a new front in global battle against AmazonIt is no secret that Walmart has been eyeing the Indian market for a while, recognising the potential for growth in retailing here.
- View: Walmart opens a new front in global battle against AmazonThe most direct explanation for Walmart’s acquisition of Flipkart is that it gives the company a significant foothold in India’s online ret...
- JPMorgan Chase and Barclays head up Flipkart acquisition financing consortiumJPMorgan and Barclays were the financial advisors to Walmart, while Goldman Sachs was the advisor to Flipkart.
- Walmart raises $5b revolving credit for deal“Walmart has very robust banking lines and has already tied-up for committed financing. The revolving credit line is to facilitate the imme...
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