flipkart

Walmart-Owned Flipkart Raises $3.6B to Fund Next Stage of Growth in India

The Flipkart Group — India’s homegrown digital commerce conglomerate that is majority-owned by Walmart — has raised U.S. $3.6 billion in fresh…

Google Launches Multi-Touch Point Shopping Platform In India

Google has brought its shopping service in India, allowing the country’s consumers to browse for deals on the Google Shopping home page;…

Head Of Flipkart Group Resigns In Wake Of Misconduct Probe

The CEO of Flipkart Group, Binny Bansal, has resigned following a probe into “serious personal misconduct.” The move could disrupt Walmart’s effort…

Walmart Installs Four Senior Execs At Flipkart

Just one month after finalizing its acquisition of a majority stake in Flipkart, Walmart is putting four of its top executives into…

Amazon Unveils Hindi App As Flipkart Battle Heats Up

Amazon has launched a Hindi version of its mobile web site and app for Android devices as the online shopping giant seeks…

EBay Sells $1.1B Flipkart Stake In Wake Of Walmart Deal, Relaunches India Business

On the same day Walmart unveiled its majority acquisition of Flipkart, eBay announced it was selling its $1.1 billion minority stake in…

Walmart Beats Amazon To $16 Billion Flipkart Deal, Brings E-Commerce Battle To India

UPDATE: Walmart officially announced it has acquired an initial stake of roughly 77% in Flipkart for approximately $16 billion. The remainder of the business…

Amazon Enters Fight For Flipkart With Bid For 60% Stake

Amazon has made a formal offer for a 60% stake in Indian e-Commerce firm Flipkart, sources told CNBC TV-18. The e-Commerce giant…

Walmart In Talks To Take Major Stake In Flipkart

Walmart is reportedly in advanced talks to become the largest shareholder in Flipkart, a major Indian e-Commerce company, according to CNBC. The…

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