Tag: Walmart
Indian Top Court Says Walmart, Amazon To Face Antitrust Probe
Amazon and Walmart will face antitrust probes in India over their eCommerce practices, India's Supreme Court ruled on Monday, August 9.
According to Reuters, the...
Indian Regulator Threatens Flipkart, Founders With $1.35B Fine
India's financial-crime agency has asked Walmart's Flipkart and its founders to explain why they should not face a penalty of US$1.35 billion for alleged violation...
Walmart’s Flipkart Takes Case To Indian Supreme Court
Walmart's Flipkart has appealed to India's Supreme Court against a state court's decision that allowed an antitrust probe into the e-commerce firm and its...
Walmart’s Flipkart Says Indian Probe Shouldn’t Treat It The Same As...
Walmart’s Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence against the two firms was...
Walmart Acquires Telehealth Provider MeMD
Walmart Health has entered into an agreement to acquire MeMD, a multi-specialty telehealth partner, according to a Thursday (May 6) press release.
The release said the acquisition works...
UK Likely To Approve Walmart Sale Of Asda
Walmart’s sale of a majority stake in Asda is poised for approval by UK antitrust regulators, finally allowing for a gradual exit from Britain’s...
Walmart Buys Ad Tech Platform To Compete With Amazon
Walmart is buying up the technology and assets behind Thunder, which uses automation to create digital ads. One key goal for the retailer is...
Walmart Joins With Startup Ribbit Capital
US retail chain Walmart announced on Monday, January 11, it has entered a strategic partnership with investment firm Ribbit Capital to create a new...
Mexico Probes Walmart For Antitrust Breaches
Walmart’s Mexico unit announced on Monday, November 23, it had been notified by Mexico’s federal competition authority that it is being investigated for possible...
Chile Goes After Walmart Over Allegations It Abused Market Dominance
An association of Chilean food suppliers has sued the local unit of US retail giant Walmart, alleging that the store owner abused its dominant...