Walmart | The Asian Age

Friday, Apr 26, 2024 | Last Update : 01:09 PM IST

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Shares of Amazon edged up 0.4 per cent on Nasdaq shortly before the close of trading.. (Photo: AFP)

Amazon rivals ride on Prime Day marketing as protests unfold

Walmart Inc, Target Corp and eBay Inc all run their own special promotions to coincide with the annual sale.

16 Jul 2019 12:39 PM

, Walmart said it regularly offers input to the US and Indian governments on policy issues and this was a “past issue and Walmart and Flipkart are looking ahead”.

Walmart told US government India's e-commerce rules regressive

Walmart had invested USD 16 billion in Indian e-commerce giant Flipkart, its biggest ever acquisition globally.

12 Jul 2019 8:26 AM

Both companies, and the US government, protested against the rules in January, saying they would force firms to change their business structures.

Govt warns foreign e-commerce firms like Amazon, Flipkart over discounts: sources

Amazon and Flipkart say they’ve complied with the rules and deny any wrongdoing.

26 Jun 2019 8:46 AM

Wallmart buys Rs 531 crore Flipkart shares from Binny Bansal

Binny Bansal sold about 54 lakh of equity shares worth Rs 531 crore to Walmart.

24 Jun 2019 3:39 PM

GOQii, a seller of smartwatch-type health devices, sued Flipkart last month in a Mumbai court.

Walmart's Flipkart, Indian startup GOQii settle dispute over sharp discounting

Small traders and a right-wing group close to PM Narendra Modi’s ruling party have raised concerns about large e-commerce companies.

15 Jun 2019 10:36 AM

Walmart is one of the great success stories in how a company evolves over time to serve the changing needs of its customers.

Walmart appoints Suresh Kumar as chief technology officer

The appointment comes at a time when Walmart is transforming its customer and associate experiences.

29 May 2019 9:21 AM

Bharatiya Janata Party workers welcome Prime Minister Narendra Modi as he, along with BJP president Amit Shah, arrive at the party headquarters to celebrate the party’s victory in the Lok Sabha elections in New Delhi on Thursday. (Photo: AP)

Foreign investors hope India dials back policy shocks after Modi win

Protectionism concerns 'are small hurdles you have to go through', said Fairfax Financial chairman Prem Watsa.

25 May 2019 5:55 PM

Amazon is fighting with Walmart’s Flipkart for market share in India, while dealing with changes in government rules. (AP Photo/ File)

Amazon's India unit sees 56 percent rise in export merchants

More than 80 pc of current export vendors were from small towns and cities, vice president of seller services Gopal Pillai said.

30 Apr 2019 5:22 PM

Founded in 2011, BigBasket operates in 25 Indian cities.

BigBasket to invest USD 100 mn to set up vending machines, distribution points

The company is investing in setting up unmanned vending machines - BB Instant - in office and apartment complexes.

28 Apr 2019 6:15 PM

IRL is a concept designed by Walmart’s tech incubator Store No. 8, which runs several ventures to test new ideas in retail.

Here are the future stores

Walmart’s Intelligent Retail Lab spans 50,000 square feet of retail space and is staffed by more than 100 employees.

28 Apr 2019 2:21 AM

Thousands of cameras suspended from the ceiling, combined with other technology like sensors on shelves, will monitor the store in real time so workers can quickly replenish products or fix other problems.

Walmart experiments with AI to monitor stores in real time

Walmart, which faces fierce competition from Amazon and other online retailers.

27 Apr 2019 3:15 PM

Amazon expects to spend USD 800 million toward the shipping goal in the second quarter alone. (Representational image/ Photo: AP)

Amazon raises stakes for rivals with one-day delivery goal after profit surge

The news marks a costly challenge for competitors that will have to pour money into a logistics problem.

26 Apr 2019 12:57 PM

Polymorph’s technology platform will enable Walmart advertisers to quickly select audience segments based on shopping behavior. (Photo: AP)

Walmart buys ad tech startup

The world’s largest retailer has been quietly building its own advertising business with a unit called Walmart Media Group.

14 Apr 2019 5:22 PM

The wage hike has benefited more than 250,000 Amazon employees and over 100,000 seasonal employees. (Photo: AFP)

Walmart responds to Bezos with tweet asking Amazon to pay taxes

Some critics have said that Amazon received a USD 129 million tax rebate from the federal government.

12 Apr 2019 12:27 PM

The tablet will be made by a Chinese supplier and will run on Google’s Android operating system, according to pictures filed with the US Federal Communications Commission.

Walmart to introduce tablet under its ONN store brand

The price of the device and when it will debut has not been disclosed.

14 Mar 2019 9:42 AM

The hyperlocal sector made 80 PE/VC investment deals in the period between 2013 and 2018 valued $2.3 billion, as per the data from EY India.

Consumer internet firms raised $7 billion in 2018

Online grocery & food delivery firms grabbed $1.62 bn.

09 Mar 2019 1:08 AM

The government had come out with a new set of regulations for FDI-funded e-commerce marketplaces in December and this had come into effect in February.

Walmart still fascinated by India’s middle-class

US giant defuses speculation that it may exit Flipkart.

07 Mar 2019 1:23 AM

The move comes as rival Amazon is boosting profits by letting merchants pay for high placement in its search results. Its ad sales and other revenue jumped 95 percent to $3.4 billion in the fourth quarter.

Walmart seeks ad business boost in fight with Amazon

Walmart will inform suppliers of the change at its annual meeting with them on Tuesday.

27 Feb 2019 2:13 PM

A period of three years would be given to allow industry to adjust to the data storage requirement. (Representational image/ Photo: AFP)

India proposes new e-commerce regulations with focus on data rules

India also plans to mandate all e-commerce firms to provide access to their data stored abroad

24 Feb 2019 10:18 AM

Last year, on August 18, Walmart had completed acquisition of 77 per cent stake in Flipkart for about USD 16 billion. (Photo: AFP)

E-comm FDI policy changes haven't shaken confidence in India: Walmart

Flipkart said the changes in FDI norms it has not shaken its confidence and excitement about the Indian market.

20 Feb 2019 12:14 PM

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Sunil Gatade