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Flipkart acquires Israeli startup Upstream to strenghten pricing capability

India's leading e-tailer Flipkart on Tuesday said it has acquired Israel-based Upstream Commerce startup for an unspecified amount to strengthen its selection and pricing capability."The acquisition enables us to help sellers boost sales and serve customers better with Upstream's...

Walmart Canada launches grocery delivery in Metro Vancouver with Food-X

Walmart Canada has announced the launch of sustainable grocery delivery for Metro Vancouver consumers in collaboration with Sustainable Produce Urban Delivery (SPUD)'s food delivery platform, Food-X Urban Delivery (Food-X). Metro Vancouver residents can now shop on walmart.ca/grocery or via...

Flipkart’s 5-day festive e-shopping from Oct 10

Ahead of India's Dussehra and Diwali festivals, e-tail major Flipkart will hold a five-day shopping binge from October 10, the company said on Monday."The fifth edition of 'The Big Billion Days' will be flagged off on October 10 on...

Walmart India opens 22nd cash and carry store in India

Walmart India, the wholly-owned subsidiary of Walmart Inc, Saturday announced the opening of its 22nd business-to-business Cash and Carry store in the country, making it the second Best Price Modern Wholesale store in Ludhiana and the sixth in Punjab.The...

Walmart sees great value in Omnichannel retail with Flipkart acquisition

Walmart India said Tuesday with the acquisition of Flipkart it sees a great value in Omnichannel retail, although it will continue to focus on cash and carry business for the brick-and-mortar format in the country.Speaking at Retail India Summit...

Flipkart gets over Rs 3,462 crore infusion from Singapore entity

Flipkart Internet, the online marketplace arm of the Walmart-backed company, has received over Rs 3,462 crore fund infusion from Flipkart Marketplace, Singapore, as per regulatory documents.According to a PTI report: The fund infusion — done in two tranches —...

Explained – What Jack Ma’s retirement means for India

That he speaks impeccable English despite being a Chinese comes from the fact that Jack Yun Ma, Co-Founder and Executive Chairman of e-commerce behemoth Alibaba, graduated from Hangzhou Teacher’s Institute with a major in English and later became a...

Flipkart Big Billion Days: Walmart-backed company aims over 30 pc phone sales this festive season

Flipkart aims to account for over 30 percent of the phone sales this festive season as it lines up new launches through handset partners and dishes out more financing options to woo Indian shoppers.According to a PTI report: The...

Flipkart acquisition may impact Walmart income FY 19, 20

The acquisition of Flipkart by Walmart may negatively impact the net income of the latter this fiscal and also the next, said Walmart in its recent regulatory filing.According to a PTI report: The US retail giant had last month...

Urbanisation with affluency coupled with digital disruption forces online offline retailer to join hands

With rapid urbanization of several Indian cities, there are localities within these urban cities that can be comparable with Tier II cities in other parts of the country. According to top retail experts at India Retail Forum 2018, the...
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MatchLog Solutions raises $1.5 million in pre-series A funding

The funding round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital,...
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