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WALMART FINANCIAL LOSS
"I'm dying and I love you": Alabama man's heartbreaking words to wife before being shot dead by 18-year-old at Walmart parking lotStephen Morrow was fatally shot outside a Walmart in Sumiton, Alabama, with his final words to his wife being, 'Kayla, I'm dying and I love...
Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
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...
Walmart’s international sales growth in Q4 driven by Flipkart, China unitsFlipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boosted advertising revenue and profita...
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...
Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
Why your neighbor gets $5000 and you don’t: The hidden factors driving Social Security payoutsSocial Security payments are not the same for everyone. Your salary, work years, and when you claim decide how much you get. Many people lo...
Flipkart expands Hemant Badri’s role to drive AI agendaFlipkart is appointing Hemant Badri to lead its AI initiatives, focusing on identifying and operationalising AI uses across the company. Th...
Walmart faces $2 billion blow as SNAP payments freeze — will stores close on November 1?As the 2025 U.S. government shutdown extends into its second month, doubts have surfaced online regarding the claims that Walmart will clos...
Walmart India trims losses by 28.7%, revenue up 2.6% in FY25Walmart India operates Flipkart Wholesale outlets (formerly known as Best Price) that sells goods to mom-and-pop stores. The company has be...
To fight Amazon and Reliance JioMart, Flipkart wholesale will pick up Walmart’s best priceWalmart has long been scouting for a viable and competitive business model for the Best Price brand, which consists of 28 stores and ecomme...
PhonePe gets Rs 427 crore from Singapore based parent companyThe company reported a loss of Rs 1,904 crore on revenue of just Rs 184 crore, in the financial year ended March 31, 2019.
Flipkart logs loss of Rs 3,837 crore in 2018-19Flipkart India's revenue from operations, however, saw a 42.82 per cent jump to Rs 30,931 crore in 2018-19 from Rs 21,657.7 crore in the pr...
Walmart disappointed with FDI norm change soon after Flipkart dealEcommerce firms were asked to provide services such as warehousing, logistics and advertising to all sellers in a fair manner.
Walmart to help Flipkart leverage its global scaleThe company reiterated that the change in earning guidance, which was notified when the Flipkart transaction was announced, is driven only ...
Tax department rejects exemption plea in Flipkart-Walmart dealTax officials are inquiring into the mismatch between lower losses booked by the e-retailer in earlier years compared to the loss of Rs 46,...
Representations against Flipkart-Walmart deal sent to concerned department: GovernmentThe corporation has recorded Rs 38 crore profit after tax in 2017-18 as against a loss of Rs 166 crore in 2016-17.
Walmart India cuts losses by 27% in FY17The company posted a loss of Rs 75 crore for FY17. It also witnessed a 10% revenue growth for the fiscal ending March 2017 as compared to p...