Shiprocket is also expected to file a revised prospectus with updated financials before launching the issue. The company, after receiving a...

India's fintechs are looking beyond their core businesses as growth normalises and investors seek more predictable revenue. Groww, Paytm, P...

Walmart-owned fintech company PhonePe has posted an 11% increase in its operating revenue for fiscal 2026 at Rs 7,920 crore. Its net loss, ...

Phia, co-founded by Phoebe Gates, faces accusations of violating affiliate marketing policies. The browser extension allegedly claimed sale...

A combination could help both survive hypercompetition among more than half a dozen rivals, improve relevance, reach and range. The synergi...

Sachin Bansal’s Navi is preparing to return to the public markets by the March quarter of FY27. This and more in today’s ETtech Morning Dis...

Meta, owner of WhatsApp, is exploring ways to monetize its massive Indian user base. A potential minority stake in fintech startup Cred, le...

Walmart’s operating income fell 0.2% in the third quarter of fiscal 2026 due to employee stock option-related expenses at its subsidiary Ph...

Walmart reported 20% growth in international ad business, driven by Flipkart, which earned Rs 5,000 crore from ads. Net sales rose 7.8% to ...

The US retailer's chief financial officer John David Rainey says same-day delivery for Flipkart surged 2.5 times during the festive sale. W...

More of Walmart's future profitability is likely to come from its sales of ads on Walmart.com and from fees it collects from merchants usin...

Ikea India’s net loss went up by 12%, while revenue jumped by 77% in FY22, filings made to the Registrar of Companies and sourced from busi...

Revenue from Flipkart's marketplace services remained largely flat at Rs 2,823 crore while that from advertisements increased 50% to Rs 2,0...

Walmart currently works with influencers to promote its groceries and apparel, as well as its Walmart+ loyalty program.

The revenue of Walmart International, which includes Flipkart, rose 5.7% YoY in the June quarter to $24.4 billion.

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

Walmart has expanded its advertising business after years of stuttering progress, even as a deal to buy a 7.5% stake in video-sharing app T...