Walmart

Timelines
Flipkart buys Walmart India, foraying into online wholesale

23 Jul 2020

Flipkart buys Walmart India, foraying into online wholesale

In a major move, homegrown e-commerce giant Flipkart has acquired Walmart India.

NewsBytes Briefing: UK bans Huawei, WhatsApp goes down, and more

15 Jul 2020

NewsBytes Briefing: UK bans Huawei, WhatsApp goes down, and more

In the last few hours, a lot has happened in the world of technology.

Now, Walmart is bringing an Amazon Prime-like membership service

09 Jul 2020

Now, Walmart is bringing an Amazon Prime-like membership service

More than 15 years after the launch of Amazon's Prime subscription service, its competitor Walmart is set to bring its own membership - Walmart+.

Work from home: The new reality of the 'post-coronavirus world'

31 May 2020

Work from home: The new reality of the 'post-coronavirus world'

In the new "upside-down" world, masks and gloves have replaced hugs and handshakes. Courtesy coronavirus, there's uncertainty, fear, anxiety, and most importantly distancing.

Ahead of launch, Apple's Powerbeats 4 earbuds hit the shelves

16 Mar 2020

Ahead of launch, Apple's Powerbeats 4 earbuds hit the shelves

Apple's Powerbeats 4 seems to have gone on sale even before its official launch. The still-unannounced earbuds were spotted for sale at a Walmart store in Rochester, New York.

Trump declares national emergency in US as coronavirus crisis deepens

14 Mar 2020

Trump declares national emergency in US as coronavirus crisis deepens

After worrying and angering his countrymen with his lax approach towards the coronavirus problem, United States President Donald Trump on Friday declared a national emergency.

Walmart India fires over 50 employees, including top executives

13 Jan 2020

Walmart India fires over 50 employees, including top executives

In a major shocker, Walmart Inc., the largest retailer in the world, has taken the decision to lay off more than 50 of its employees in India, including a bunch of senior-to-mid level executives.

#FinancialBytes: Smart tips and tricks to save money while shopping

19 Dec 2019

#FinancialBytes: Smart tips and tricks to save money while shopping

Almost everyone loves shopping as well as saving some money on it.

Digital payments giant PhonePe raises $82.5 million: Details here

11 Dec 2019

Digital payments giant PhonePe raises $82.5 million: Details here

PhonePe, a Flipkart-owned company that offers a payment platform to transfer money instantly, has raised $82.5 million in funding.

The six highest-paid actresses in the world right now

14 Sep 2019

The six highest-paid actresses in the world right now

A few weeks back, Forbes released the list of the highest-paid actresses in the world, which was topped by our very own Black Widow aka Scarlett Johansson.

Texas mass shooting: 5 dead, 21 injured in West Texas

01 Sep 2019

Texas mass shooting: 5 dead, 21 injured in West Texas

At least five people have been killed and 21 injured in a mass shooting in the state of Texas in the US. The incident took place near the twin cities of Midland and Odessa in West Texas.

Texas shooting: Trump criticized for thumbs up photo with orphan

10 Aug 2019

Texas shooting: Trump criticized for thumbs up photo with orphan

Recently, United States President Donald Trump visited El Paso, Texas, where a gunman killed 22 people in a reported hate crime against immigrants on Saturday.

Ohio mass shooting: 9 killed, 16 injured in Dayton

04 Aug 2019

Ohio mass shooting: 9 killed, 16 injured in Dayton

At least nine people have been killed and 16 injured in a mass shooting outside a bar in the Dayton city of Ohio in the US.

Texas Walmart Mass Shooting: 20 killed in suspected hate crime

04 Aug 2019

Texas Walmart Mass Shooting: 20 killed in suspected hate crime

At least 20 people have been killed and 26 others injured in a mass shooting at a packed Walmart store in the El Paso city of Texas in the US.

Flipkart co-founder Sachin Bansal invests Rs. 650cr in Ola

19 Feb 2019

Flipkart co-founder Sachin Bansal invests Rs. 650cr in Ola

Indian ride-hailing start-up Ola is currently in the midst of an ongoing financing round and, in a major boost, has received Rs. 650cr (around $92mn) from Flipkart co-founder Sachin Bansal.

Worried Flipkart wants six-month delay in implementing new e-commerce rules

29 Jan 2019

Worried Flipkart wants six-month delay in implementing new e-commerce rules

American retail giant Walmart-owned Flipkart has written to the government that it faces "the risk of significant customer disruption" if the deadline for implementing the new e-commerce curbs, which could cause huge disruption in the space, isn't extended by six months.

Myntra and Jabong CEO Ananth Narayanan resigns; may join Hotstar

14 Jan 2019

Myntra and Jabong CEO Ananth Narayanan resigns; may join Hotstar

After some rounds of speculation, it has been confirmed that Ananth Narayanan, CEO of Flipkart-owned Myntra and Jabong, has left his post in pursuit of other opportunities.

What should be the resolutions of tech companies

20 Dec 2018

What should be the resolutions of tech companies

When the year ends, you think about your regrets, your failures and how you will conquer the new year.

Days after Binny Bansal's exit, Myntra CEO and CFO quit

16 Nov 2018

Days after Binny Bansal's exit, Myntra CEO and CFO quit

A few days after Flipkart co-founder Binny Bansal resigned from the company on charges of personal/sexual misconduct, Myntra CEO and CFO have quit.

Binny Bansal out of Flipkart: Some conjectures, many unanswered questions

14 Nov 2018

Binny Bansal out of Flipkart: Some conjectures, many unanswered questions

In more ways than one, Flipkart is India's biggest start-up success story. The company and its founders are (still) the quintessential Indian dream - owners' pride, and everyone else's envy.

Why co-founder Binny Bansal resigned from Flipkart

14 Nov 2018

Why co-founder Binny Bansal resigned from Flipkart

Flipkart's co-founder Binny Bansal stepped down from the Walmart-owned company on Tuesday, and now a report claims an investigation into the accusations of misconduct found that he had a consensual affair with the woman.

Binny Bansal resigns as CEO of Flipkart Group: Details here

13 Nov 2018

Binny Bansal resigns as CEO of Flipkart Group: Details here

Flipkart co-founder Binny Bansal has resigned as the CEO of the Flipkart Group, following an investigation into allegations of "serious personal misconduct" against him.

Reportedly, Flipkart co-founder Sachin Bansal to invest $100mn in Ola

11 Oct 2018

Reportedly, Flipkart co-founder Sachin Bansal to invest $100mn in Ola

In what could mark the largest personal investment in the Indian internet space, Flipkart co-founder Sachin Bansal is reportedly in the process of finalizing a whopping $100mn (around Rs. 740cr) investment in ride-hailing start-up Ola Cabs.

Flipkart might replace Binny Bansal as group CEO

24 Sep 2018

Flipkart might replace Binny Bansal as group CEO

Walmart-owned Flipkart is contemplating separating the responsibilities of chairman and group CEO, and is likely to replace Flipkart co-founder Binny Bansal as the group CEO.

Walmart completes acquisition of Flipkart, pumps in $2bn

19 Aug 2018

Walmart completes acquisition of Flipkart, pumps in $2bn

On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.

Walmart India expects to create 30,000 jobs in Uttar Pradesh

27 Jul 2018

Walmart India expects to create 30,000 jobs in Uttar Pradesh

Walmart India, which had signed MoU with UP government to open 15 wholesale Cash and Carry stores, said it expects to create at least 30,000 local jobs from these stores.

10 lakh traders to protest against Flipkart-Walmart deal today

02 Jul 2018

10 lakh traders to protest against Flipkart-Walmart deal today

Around 10 lakh traders are launching a country-wide protest against the multibillion dollar deal between Indian e-commerce giant Flipkart and US-based retail giant Walmart.

Business Roundup: Here are today's top 5 Business news

11 Jun 2018

Business Roundup: Here are today's top 5 Business news

Here's your daily dose of top five business news.

After Flipkart acquisition, Walmart to work with local kirana stores

06 Jun 2018

After Flipkart acquisition, Walmart to work with local kirana stores

Just a month after acquiring India's largest start-up and e-commerce platform Flipkart, Walmart is now planning to take hold of the country's kirana store business.

Business Roundup: Here are today's top 5 business news

30 May 2018

Business Roundup: Here are today's top 5 business news

Today the business space remained rocked up with a lot of happenings.

Amid landmark Walmart-Flipkart deal, many fear for survival

12 May 2018

Amid landmark Walmart-Flipkart deal, many fear for survival

This week saw one of the most important acquisitions in Indian history, as Walmart poured in $16bn into Flipkart for a 77% stake.

Really sad to see Sachin leave Flipkart: Co-founder Binny Bansal

10 May 2018

Really sad to see Sachin leave Flipkart: Co-founder Binny Bansal

They were considered the "Jai-Veeru" of the Indian start-up panorama, and when one decided to finally exit the company they founded 11 years ago it was really a sad moment for the other.

Walmart-Flipkart deal turns many employees crorepatis: Details here

10 May 2018

Walmart-Flipkart deal turns many employees crorepatis: Details here

Walmart's $16bn buyout of Flipkart has brought cheer not only to India's iconic start-up, but also to 3,000 of its current and former employees who hold shares with the company.

Walmart buys 77% stake in Flipkart for $16 billion

09 May 2018

Walmart buys 77% stake in Flipkart for $16 billion

The cat is finally out of the bag - Walmart Inc. has announced its acquisition of India's leading e-commerce platform, Flipkart, for a whopping $16bn, taking 77% stake. This makes it the world's most expensive e-commerce acquisition, so far.

The Flipkart dream: Move aside, make room for nerds

09 May 2018

The Flipkart dream: Move aside, make room for nerds

When as a child you were told by your parents to chase the IIT dream, they were not wrong.

The love triangle of Amazon, Flipkart, and Walmart

04 May 2018

The love triangle of Amazon, Flipkart, and Walmart

Here's the story: Basically, the two US retail rivals Walmart and Amazon are both attempting to buy Flipkart, which is the best start-up India has produced in over a decade.

Flipkart opens new consolidated office space in Bengaluru

09 Apr 2018

Flipkart opens new consolidated office space in Bengaluru

Flipkart has opened a new office space in Embassy Tech Village, Bengaluru, which is a consolidation of all of its previous 11 campuses in the city.

Amazon planning to buy Flipkart to prevent rival Walmart bid

04 Apr 2018

Amazon planning to buy Flipkart to prevent rival Walmart bid

According to reports, Amazon might make an offer to buy India's largest e-commerce platform Flipkart.

Walmart raises minimum age to buy firearms, ammunition to 21

01 Mar 2018

Walmart raises minimum age to buy firearms, ammunition to 21

After the deadly Florida school shooting that killed 17, US retail giant Walmart on Wednesday announced it was raising the minimum age to buy firearms and ammunition to 21 years.

Walmart may soon buy more than 40% of Flipkart: Reports

17 Feb 2018

Walmart may soon buy more than 40% of Flipkart: Reports

In a direct attack on Amazon, American retailer Walmart may soon buy more than 40% of India's e-commerce giant Flipkart. The talks are to begin from next week, Reuters reported on Friday.