walmart

Walmart is gradually preferring to import more goods from India to the US than from China, said Reuters citing data from Import Yeti. The move by the world's largest retailer appears to be aimed at cutting costs and diversifying supply…

While Black Friday is still officially a few days away, the shopping event of the season has expanded far beyond a single day, with some retailers touting Black Friday savings as early as October. Big outlets like Best Buy have already been…

Shoppers flock to a Walmart store in Burbank, California. — AFP/FileWalmart is hosting two "Black Friday Deals" events that will give Walmart+ members early access to shopping and significant discounts, as the holiday shopping season…

Tiger Global held a 4 per cent stake in the e-commerce leader. According to a report in Wall Street Journal, Walmart has paid the money to boost Flipkart’s stake. Retail giant Walmart has reportedly paid $1.4 billion to…

Sachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. Now, 16 years after starting the ecommerce company, Binny, too, has sold all his Flipkart shares to…

New York-headquartered investment firm Tiger Global informed its limited partners (LPs) last week that it has completed its exit from Flipkart, snagging $3.5 billion in total gains over the past few years of a phased selloff, two people in…

Happy Monday. Tiger Global, the New York-based investment fund, has booked total gains worth $3.5 billion following a complete sale of its Flipkart shares to Walmart. This and then some in today’s ETtech Morning Dispatch.Also in this…

Digital payments and fintech platform PhonePe on Monday launched a feature to pay income tax through its app. Individuals and businesses can pay self-assessment and advance tax through UPI or credit card via the application, without logging…

Rafael Henrique | Lightrocket | Getty ImagesWalmart is reducing the cost of its subscription service for Americans who receive food stamps and some other types of government assistance, as it pushes to grow the program and notices more…

A superyacht owned by Walmart heiress Nancy Walton Laurie was vandalized by a group of environmental activists in Spain. The activist group known as Futuro Vegetal, based in Spain, took action by spraying paint on the massive yacht named…