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.…
News July 12
Latest In: flipkart
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…
News December 14Head 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…
News November 13
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…
News September 20Amazon 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…
News September 4EBay 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…
News May 11
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…
News May 9Amazon 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…
News May 2Walmart 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,…
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