walmart

The Flipkart acquisition once again negatively impacted Walmart International's operating income on Thursday which dropped to US$ 600 million in the third quarter ending September from US$ 1.2 billion a year-ago quarter -- a massive drop of 46.2 percent. Operating...

Paytm e-commerce narrowed its losses to Rs 1,171.62 crore in 2018-19 from about Rs 1,787.73 crore in the previous financial year, according to regulatory documents. According to a PTI report: Paytm e-commerce, which is locked in a battle with giants...

Flipkart Ltd, the Singapore holding company of the Indian e-commerce major, narrowed its losses to Rs 17,231 crore (US$ 2.42 billion) for the fiscal ended March 2019, while revenues grew by 42 percent over the previous year, according to...

With the second wave of festive sales coming to an end, industry experts say the e-commerce players like Amazon and Walmart-owned Flipkart are set to celebrate a bumper Diwali with pocketing over Rs 35,000 crore (nearly US$5 billion) despite...

Few months back, Walmart announced InHome Delivery, the latest innovation aimed towards giving time back to families by delivering fresh groceries and everyday essentials directly into their kitchen or garage fridges. Now, for the first time ever, the brand has...

Walmart India, the wholly-owned subsidiary of Walmart Inc., plans to expand its footprint in Uttar Pradesh by opening six more 'Best Price' modern wholesale stores in the state, a senior company official said on Monday. According to a PTI report:...

Go Global Retail announced plans to acquire the assets of ModCloth, a digitally native retailer of unique women's fashion and accessories. Founded in 2002, ModCloth offers exclusive indie and vintage-inspired women's clothing, shoes, handbags and accessories for 18-35 year-old...

E-commerce companies such as Flipkart and Amazon could generate up to US$ 6 billion or Rs 39,000 crore in sales this festive season, according to consulting firm RedSeer. In the first phase of the festive sale, e-commerce companies are estimated...

With the advent of AI, brands have gathered a deeper understanding of customers. As AI deals with semantic meaning, meta-level knowledge, and answers which are either exact or optimal, it can easily come up with personalized interactions based on...

Walmart-owned Flipkart on Monday said it is witnessing strong demand from tier-II and III cities for products such as mobile phones and large appliances in its ongoing festive sales. "This Big Billion Days, we witnessed the growing appetite of Bharat...