Amazon Ran Secret Firm 'Big River' To Gather Intel On Rivals: Report
The employees at the fake company were instructed to take screenshots of the products on various marketplaces.
Apr 19, 2024, 16:49 PM IST
Flipkart Valuation Declines By Over Rs 41,000 Crore In Two Years
Flipkart attributed the decline in valuation to the demerger of fintech firm PhonePe into a separate company.
Mar 17, 2024, 15:06 PM IST
10 Most Valuable Brands In The World
The story captures the essence of each brand, but their activities and influence extend across various industries and sectors.
Dec 07, 2023, 18:22 PM IST
Walmart Paid $3.5 Bn To Buy Flipkart Shares From Binny Bansal, Tiger Global & Others
Bansal reportedly received about $1-$1.5 billion from his shareholding in Flipkart. Binny, along with Sachin Bansal, exited Flipkart after selling it to Walmart in 2018 for around $16 billion.
Sep 02, 2023, 14:56 PM IST
Walmart's Shareholding In PhonePe Drops To 85%
PhonePe has now raised a total of USD 850 million of primary capital in the current round till the end of May.
Jun 04, 2023, 15:29 PM IST
PhonePe Raises $200 mn In Additional Funding From Walmart
With this tranche, the company has raised USD 650 million (around Rs 5,360 crore) from several global investors, PhonePe said in a statement.
Mar 17, 2023, 15:10 PM IST
THIS company beats Apple to become no 1 brand in the world; check list of top 10
Despite regaining the top spot, Amazon's brand worth has decreased by almost $50 billion this year, according to Brand Finance's Global 500 2023 list, and its grade has dropped from AAA+ to AAA.
Jan 19, 2023, 17:12 PM IST
Walmart may have to pay $1 bn tax on PhonePe shift to India: Reports
According to reports, citing sources aware of developments, the tax is the result of PhonePe's relocation and it's rising valuation, after Walmart took majority share in it.
Jan 05, 2023, 09:15 AM IST
Walmart hires over 150 on Unstop.com
Walmart Global Tech India recently held a hiring competition - Sparkplug 2022 - on Unstop.com, an early talent engagement and hiring platform, garnering over 10,000 registrations from 34 engineering colleges across India, said Unstop.
Dec 22, 2022, 13:19 PM IST
Walmart reportedly raising up to $3 bn for Flipkart to expand India biz
With new funds, Flipkart's valuation is set to soar to more than $40 billion, giving a fillip to the Indian funding scene which is going through a harsh winter.
Oct 27, 2022, 09:16 AM IST
Pilot who threatened to crash plane into Mississippi Walmart faces terror charges
Police said Cory Patterson had stolen a King Air twin-engine jet from Tupelo`s airport and flew it over the town for a few hours, putting residents on edge. He eventually landed in a field and was arrested.
Sep 04, 2022, 06:26 AM IST
Walmart lays off 200 corporate employees amid rising inflation
The news of layoffs at Walmart came as after the company recently slashed its profit outlook due to inflation.
Aug 04, 2022, 15:10 PM IST
Phonepe to acquire wealth management platforms Wealthdesk, Open IQ for $75 million
PhonePe said is acquiring two wealth management platforms WealthDesk and Open IQ.
May 18, 2022, 23:33 PM IST
Top Amazon, Flipkart sellers raided by Competition Commission of India: Report
The two Amazon sellers figuring in Thursday's raids were Cloudtail and Appario.
Apr 28, 2022, 16:57 PM IST
Flipkart launches Flipkart Health Plus app to foray into healthcare sector
Flipkart Health Plus platform will onboard over 500 independent sellers.
Apr 06, 2022, 22:41 PM IST
Walmart invites Indian sellers to expand overseas via US marketplace
Walmart has invited Indian sellers to use its delivery infrastructure and marketplace for reaching out to customers overseas.
Jan 20, 2022, 19:59 PM IST
Twitter conducting first shopping livestream on November 28
The company said that while watching a Live Shopping stream on Twitter, people can take several actions that make the shopping experience on Twitter seamless.
Nov 23, 2021, 14:51 PM IST
Walmart release on litecoin partnership is fake; crypto tumbles after rise
Walmart Inc said on Monday that a press release regarding the retailer`s partnership with cryptocurrency litecoin was fake.
Sep 13, 2021, 21:15 PM IST
Karnataka HC deals blow to Amazon, Walmart''s Flipkart in antitrust case
The Competition Commission of India (CCI) announced a probe in January 2020 into Amazon and Flipkart following a complaint from a trader group that alleged they were promoting some “preferred sellers" and in turn hurting business for other, smaller sellers.
Jun 11, 2021, 22:21 PM IST
Flipkart may get $500-600 million from THIS returning investor: Report
Flipkart is in talks with various investors to raise funding, including SoftBank that is expected to invest about $500-600 million.
Jun 04, 2021, 17:12 PM IST
