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PhonePe sees income up 70% but net loss at Rs 1,730 cr in FY21

TMT

14 October, 2021

PhonePe sees income up 70% but net loss at Rs 1,730 cr in FY21

Walmart-owned digital payments and fintech firm, PhonePe Internet Pvt Ltd, has reported a close to 70% growth in consolidated...

Indian retail segment most exciting, capable of skipping generations: Walmart CEO

TMT

25 August, 2021

Indian retail segment most exciting, capable of skipping generations: Walmart CEO

Indian retail market is one of the most exciting around the world and has its own uniqueness. Walmart has to ......

Walmart's Flipkart, Amazon ask top court to stop antitrust queries

TMT

29 July, 2021

Walmart's Flipkart, Amazon ask top court to stop antitrust queries

Walmart-owned Flipkart and Amazon.com Inc have asked India's Supreme Court to restrain the country's antitrust body from...

After Flipkart, Amazon files appeal at Supreme Court in antitrust probe

TMT

28 July, 2021

After Flipkart, Amazon files appeal at Supreme Court in antitrust probe

Walmart-owned Flipkart has asked India's Supreme Court to restrain the country's antitrust body after it asked sensitive...

Walmart's Flipkart goes to Supreme Court in antitrust case

TMT

27 July, 2021

Walmart's Flipkart goes to Supreme Court in antitrust case

Walmart's Flipkart has appealed to India's Supreme Court against a state court's decision that allowed an antitrust...

Flipkart raises fresh funds for $37.6 bn valuation ahead of IPO

TMT

12 July, 2021

Flipkart raises fresh funds for $37.6 bn valuation ahead of IPO

Walmart Inc-owned Indian online retailer Flipkart said on Monday it has raised $3.6 billion in funding. The company said the...

US lobby group views India's e-commerce plan as worrying

TMT

24 June, 2021

US lobby group views India's e-commerce plan as worrying

A top lobby group that is part of the US Chamber of Commerce believes India's proposed new e-commerce rules are ......

Flipkart tells court it offers lower fee if sellers cut prices

TMT

21 June, 2021

Flipkart tells court it offers lower fee if sellers cut prices

Walmart's Flipkart sees nothing wrong in offering to cut charges for sellers on its platform if they lower product prices,...

Walmart's Flipkart, Amazon challenge India court order on antitrust probe

TMT

17 June, 2021

Walmart's Flipkart, Amazon challenge India court order on antitrust probe

Walmart Inc's Flipkart and Amazon.com Inc have filed legal challenges against the resumption of an antitrust investigation...

Grapevine: Flipkart to raise funding; Gemini Edibles ropes in banks for IPO

General

11 May, 2021

Grapevine: Flipkart to raise funding; Gemini Edibles ropes in banks for IPO

Walmart-owned ecommerce firm Flipkart is looking to raise over $1 billion from a clutch of new investors before a potential ......

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