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Indian e-commerce market sees M&A deals worth US $2.1 bn in 2017

As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the booming Indian e-commerce industry, which may soon witness its largest-ever deal - the proposed Flipkart-Walmart nuptial.According to a PTI report:...

Sellers on Flipkart jittery ahead of deal with Walmart: AIOVA

The under-works US $12-billion Flipkart-Walmart deal has left merchants selling products through the e-commerce platform jittery as they claim to be clueless about the ongoing negotiations and its possible impact on their business.According to a PTI report: These sellers...

American Chamber of Commerce elects Walmart India CEO as New Chairperson

The American Chamber of Commerce (AMCHAM) in India has announced Krish Iyer, President & CEO, Walmart India as Chairperson of its National Executive Board. The election was made at the National Executive Board Meeting on April 26, 2018. Krish...

Walmart inches closer to sealing deal with Flipkart

Global retail giant Walmart is inching close to sealing the deal to buy a majority stake in Flipkart for as much as US $12 billion, even though rival Amazon is still jostling to turn the deal in its favour.According...

Walmart and Sainsbury’s announce combination of Sainsbury’s and Asda, Walmart’s wholly owned UK business

Walmart Inc and J Sainsbury has announced the combination of Sainsbury’s and Asda Group Limited, Walmart’s wholly owned UK retail subsidiary.At a time of significant and rapid change in the retail sector, the combination will create one of the...

Amazon joins the race to acquire Flipkart; offers to buy 60 pc stake

As the world's largest retailer, Walmart, is inching closer to buying out India’s Flipkart in a US $12 billion deal, rival Amazon has jumped into the fray, making a formal offer to pick up a 60 percent stake in...

How Walmart-Flipkart deal will be a game-changer in the Indian e-commerce industry

Walmart is reportedly closing in on a big acquisition of Flipkart, and if it happens, India’s retail market could face a major upheaval soon.According to Bloomberg, Walmart hopes to acquire a controlling interest in Flipkart for US $12 billion...

How Walmart-Flipkart deal will disrupt online retail industry in India

Walmart is reportedly closing in on a big acquisition of Flipkart, and if it happens, India’s retail market could face a major upheaval soon.According to Bloomberg, Walmart hopes to acquire a controlling interest in Flipkart for US $12 billion...

Walmart and Postmates team up to expand retailer’s online grocery delivery program

Walmart and Postmates have announced an agreement to help expand the retailer’s popular online grocery delivery option to more than 40 percent of U.S. households. Postmates will help power the Walmart’s online grocery deliveries, beginning Tuesday in Charlotte, NC...

Walmart names Tesco grocery head as Jet.com President

Walmart’s Jet.com division on Monday named Tesco veteran Simon Belsham as its new President, reporting to CEO Marc Lore.“With Jet grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique...
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H&M opens 61st India store in Pune

The new H&M store is located at Kopa Mall.New Delhi: Swedish fashion brand Hennes & Mauritz (H&M) has opened...
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