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CCI Approves Walmart-Flipkart Deal

The Competition Cimmission of India has approved Walmart's acquisition of the homegrown e-tailer, Flipkart. In May this year, Walmart had announced that it would...

Flipkart to Capitalize on Digital Advertising to Push Sales

Homegrown e-tailer Flipkart is planning to capitalize on digital advertising to reach $200 million sales by March 2019. The online marketplace now has over...

Walmart to Arrange Fund for Flipkart Acquisition by June 2019

American retail giant Walmart, who has recently bought over 70%  stake for $16 billion  in homegrown e-tailer Flipkart, will arrange the fund for transaction...

Flipkart to Strengthen its Fashion Arm

Homegrown e-tailer Flipkart is planning to invest heavily on its fashion vertical to push the business in the segment. The company wants to make...

SoftBank in Talks with Walmart on Selling its Flipkart Stake

Flipkart's largest shareholder, SoftBank is discussing a deal with Walmart to sell its stakes in the Indian ecommerce major to the American retail giant...

Walmart Buys Flipkart in Biggest Global Ecommerce Deal

Global retail giant Walmart bought Flipkart for $16 billion (1.12 lakh crore) in the biggest ecommerce deal in the world. The deal values the 11-year-old...

Walmart Set to Announce Flipkart Deal Today

Putting an end to months of negotiations, retail giant Walmart is all set to announce its deal with Flipkart today, where it buys over...

Sachin Bansal Likely to Quit After Walmart’s Takeover

Flipkart co-founder, Sachin Bansal is planning to resign from his post as Walmart nears a deal to pick up a majority stake in India’s most...

Amazon Offers to Buy Stake in Flipkart

Ecommerce major Amazon has offered to buy 60% stake in Flipkart. According to reports, Amazon Inc has formally made the offer. Amazon’s offer came...

Fake Skechers Case: Flipkart Files FIR Against Employee, Seller

Homegrown ecommerce player Flipkart moved legally against its employee and the seller for selling fake products. The company has filed a First Information Report...