Flipkart

Among the multiple new e-commerce laws India's ruling government enacted Feb. 1, online vendors can no longer offer exclusive deals for products on their platform and can no longer task one vendor with supplying more than 25 percent of an entire inventory, Quartz reported. The new rules...

Retail giant Walmart Inc (NYSE: WMT) announced Tuesday morning a revision to its full year 2019 guidance. What Happened Walmart on Tuesday is hosting its annual meeting for the investment community. Management detailed in a press release a revision of its full fiscal year 2019 EPS from a range of $...

Ahead of retail giant Walmart Inc (NYSE: WMT)'s annual investor day presentation, ex-Walmart U.S. CEO Bill Simon laid out some questions that might be on investor's minds. Walmart Is A Different Company Today Simon departed Walmart in 2014, and much has changed at the corporate level, the...

Walmart Inc (NYSE: WMT) announced last week it’s pursuing a 77-percent stake in the Indian e-commerce company Flipkart. The resulting exposure to the Indian market would heighten global competition with Amazon.com, Inc. (NASDAQ: AMZN) — a steady presence in southern Asia. The Rating...

Retail behemoth Walmart Inc (NYSE: WMT) made a major push into the India market Wednesday with an investment in Flipkart, India's leading e-commerce platform. What Happened Walmart has agreed to buy a 77 percent stake in Flipkart for $16 billion, the companies said in a press release. The...

Jeff Bezos, the founder and CEO of Amazon.com, Inc. (NASDAQ: AMZN) has already made it clear he wants to conquer the Indian e-commerce market. But he isn't the only billionaire businessman looking to do so. Japan's Masayoshi Son is also eyeing the very lucrative and very young market. Son, the...

Wal-Mart Stores, Inc. (NYSE: WMT) has identified India as a lucrative market, but there is one foe standing in its way: Amazon.com, Inc. (NASDAQ: AMZN). To beat Amazon in the Indian market, Wal-Mart is eyeing a $1 billion investment in the country's largest online retailer, Flipkart Online Services...

Amazon.com, Inc. (NASDAQ: AMZN) is planning to invest $3 billion more in to India, where the online retail giant faces stiff competition from homegrown e-commerce retailers Flipkart and Snapdeal. Amazon CEO Jeff Bezos made the announcement at India-U.S. business event in Washington on Tuesday,...