Tag: Doug McMillon
As the pandemic continues, Walmart’s e-commerce sales jump 97 percent
The pandemic continues to wreak havoc on the world, crippling businesses due to increasing unemployment, drastically low demands, and...
Walmart announces special cash bonus, plans to hire 150,000 new associates...
Walmart announced plans to provide a special cash bonus for hourly associates for their hard work and dedication to...
Flipkart acquisition continues to hit Walmart International
The Flipkart acquisition once again negatively impacted Walmart International's operating income on Thursday which dropped to US$ 600 million...
IPO in long-term strategy, currently focused on e-commerce growth in India:...
An initial public offering (IPO) is part of Flipkart's ambition and long-term strategy, but the Walmart-owned company is currently...
Flipkart CEO Kalyan Krishnamurthy denies exit
Flipkart CEO Kalyan Krishnamurthy has denied reports that he is going to quit the e-commerce company and a formal announcement on...
Walmart CEO Doug McMillon says ‘committed’ to Indian market
Almost a year into writing a US$ 16 billion cheque for Flipkart, Walmart CEO Doug McMillon Tuesday said the...
Walmart’s share price soars due to strong revenue gains
Walmart's share price soared on Thursday as investors focused on the retail giant's strong quarterly revenue gains and shrugged...
Walmart to boost digital footprint
Aiming to make shopping faster and easier for millions of customers, cash-and-carry major Walmart on Tuesday announced a five-year...
Flipkart deal may negatively impact earnings per share by US $0.25-0.30:...
World's largest retailer Walmart said its US $16 billion investment in Flipkart may negatively impact its earnings per share...
Walmart CEO Doug McMillon on how Flipkart-Walmart deal will benefit consumers
World’s largest retailer Walmart Inc has tried to assuage concerns around its US $16 billion takeover of Flipkart, saying...
