Tag: Walmart
India: Walmart CFO sounds off eCommerce Rule changes
Walmart CFO Brett Briggs said that even though the retail giant anticipated the regulatory changes in India regarding foreign eCommerce companies, it was disappointing...
US: Walmart hires senior antitrust counsel
Walmart has named an in-house antitrust veteran to fill its newly created chief antitrust counsel position, about a month after StarKist agreed to a $20.5...
India: Walmart may exit Flipkart merger after new FDI e-commerce regulations?
New foreign direct investment (FDI) rules regarding online marketplaces may cause issues for the Walmart-Flipkart merger. According to investment bank Morgan Stanley, Walmart may...
India: Walmart dismisses Flipkart CEO post merger
Walmart announced on Tuesday, November 13, that Binny Bansal, the CEO of Flipkart, the Indian eCommerce company Walmart recently acquired, has resigned effective immediately.
In...
Mexico/Chile: Walmart buying Cornershop to boost presence in Latin America
Walmart has announced it is acquiring Cornershop, a leading online marketplace for on-demand delivery from supermarkets, pharmacies, and specialty food retailers in Mexico and...
India: Tencent has first right to buy in future Flipkart share...
US-based retail giant Walmart has announced that Flipkart’s minority shareholder Tencent would have the first “right to purchase” if any shareholder of the Indian...
US: Walmart launches eBook service
Walmart announced Wednesday, August 22, the launch of its new eBook service dubbed Walmart eBooks by Rakuten Kobo, which provides customers with access to...
US: Anthem announces alliance with Walmart
Health insurance plan provider Anthem is collaborating with Walmart to provide consumers with easier access to over-the-counter (OTC) medicines and other health-related services, announced...
India: Reliance Industries to take on Walmart and Amazon
The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced...
India: Traders, Merchants Protest Walmart-Flipkart Deal
Walmart is facing opposition to its US$16 billion deal to acquire Flipkart, with shopkeepers and traders affiliated with the Confederation of All India Traders...