Walmart's Mexico CEO Ignacio Caride steps down in surprise moveWalmart's Mexico and Central America CEO, Ignacio Caride, has stepped down after just over a year, surprising analysts. Cristian Barrientos...
02 Aug, 2025, 08.22 AM IST
UPI extras miss mark; Amazon streamlines India opsHappy Friday! Most new features on Unified Payments Interface (UPI) have struggled to gain meaningful traction over the years. This and mor...
16 May, 2025, 07.37 AM IST
Flipkart boosts Walmart’s international ad business in Q1Walmart reported 20% growth in international ad business, driven by Flipkart, which earned Rs 5,000 crore from ads. Net sales rose 7.8% to ...
15 May, 2025, 06.13 PM IST
Walmex, the Mexican subsidiary of Walmart, to invest $6 billion in 2025Walmart's Mexico unit will invest $6 billion in 2025 to open new stores, two distribution centers, and create 5,500 direct jobs.
27 Mar, 2025, 07.52 PM IST
Walmart’s Q2 international sales growth powered by Flipkart, other marketsWalmart's Q2 FY25 saw significant international growth driven by Flipkart and operations in China and Mexico. Walmart recorded nearly $30 b...
15 Aug, 2024, 11.41 PM IST
Flipkart Internet receives $111 million in new fund infusionThe fresh capital came from the Flipkart's related Singapore-based entities on January 8, 2024. Two resolutions to infuse capital into the ...
04 Mar, 2024, 06.00 AM IST
Walmart’s international sales growth in Q4 driven by Flipkart, Mexico and China unitsWalmart's international sales grew 13% in Q4, reaching $32 billion. The gross profit rate decreased due to Flipkart's event timing. Interna...
20 Feb, 2024, 07.14 PM IST
Walmart’s Q3 gross margins rise as Flipkart’s annual sale event shifts to Q4Walmart acknowledged that the timing of Flipkart’s BBD event, which moved from Q3 last year to Q4 this year, negatively impacted overall an...
17 Nov, 2023, 03.47 PM IST
Antitrust body probes Walmart's Mexico unit Walmex for monopolistic practicesMexico's antitrust watchdog, Cofece, did not name the company under investigation, but a source familiar with the matter said it was Walmar...
10 Oct, 2023, 04.54 PM IST
Walmex, now repackagedTo make the most of innovative people and ideas, the executive team sought to reorganise silos into entrepreneurial 'squads' that could col...
09 Jun, 2023, 11.19 PM IST
Walmart takes fintech plunge into Mexico's risky marketplaceWalmart de Mexico (Walmex) in April said it had bought Trafalgar, a payment app, to compete in a market dominated by Grupo Salinas' Baz, Ox...
09 May, 2023, 08.54 PM IST
Flipkart’s Big Billion Days event lifts Walmart International's Q3 salesWalmart, in its quarterly earnings call for the September quarter, said its international revenue increased 13% to $26.8 billion in constan...
15 Nov, 2022, 11.14 PM IST
Monthly active users for Flipkart, PhonePe at 'all-time high': WalmartIn a statement, Walmart said its 'international' segment's net sales were at USD 29.6 billion, an increase of 1.3 per cent, and that change...
18 Nov, 2020, 11.35 AM IST
Walmart may repeat 'predatory behaviour' in India as well: CAIT to NCLATCAIT said that Walmart "may cause an appreciable adverse effect on competition" in the domestic market post combination as its "predatory t...
02 Oct, 2018, 06.25 PM IST
SUNDAY ET: Walmart's self-reporting on corruption is a indictment of India's graft-ridden systemWalmart's reporting to the US authorities of possible wrongdoing by its joint venture with Bharti in India highlights the power of governan...
25 Nov, 2012, 06.27 AM IST
Walmart India sets up special team for anti-corruption complianceWalmart, the world's largest retailer, has appointed a team in India to brief employees on its anti-corruption compliance programme.
28 May, 2012, 09.39 AM IST
- FDI in Retail: Walmart may not operate under its brand name
Bagaria added that Walmart-branded store could come in after 4-5 years as the quality of the existing and new stores is on a par with its A...
26 Nov, 2011, 10.04 AM IST