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Flipkart, the Indian e-commerce company owned by Walmart, has relocated its holding company from Singapore to India, a move that marks an important prerequisite for the company’s anticipated stock market debut in India. Returning Home for Better IPO Prospects…
Reliance Retail Ventures (RRVL), the parent company of Reliance Retail, has just announced the appointment of Jeyandran Venugopal as its new President and CEO. Venugopal is a former executive of Flipkart, bringing with him over 25 years of global leadership…
E-commerce heavyweights, Amazon and Flipkart, are planning to venture into the financial services sector in India, by offering loans and buy-now, pay-later (BNPL) options. This strategic move is poised to challenge the traditional banking sector. Amazon’s…
Royal Enfield, a well-known motorcycle manufacturer, has recently made its entry into the online retail sector by offering its motorcycles for sale on Flipkart. Advancing its ventures in the e-commerce domain, the company has now disclosed its collaboration…
An Indian antitrust investigation has found US e-commerce giant Amazon and Walmart’s Flipkart violated local competition laws by giving preference to select sellers on their shopping websites, according to reports seen by Reuters. The Competition Commission…
Myntra has secured a US$54 million investment from parent company Flipkart amid its tough competition with Reliance’s Ajio and Tata Cliq. This is Flipkart’s second investment in Myntra following $105 million in March last year. The new investment came as…
Australian Kmart-owned homewares brand Anko has teamed up with e-commerce giant Flipkart to expand its footprint in India. Indian shoppers can now peruse about 400 Anko products across multiple categories on Flipkart, and the company says it plans to increase…
India’s Tata Group on Thursday launched its much-awaited e-commerce “super app” offering everything from apparel to air tickets in a renewed push for a slice of a fast growing market dominated by Amazon.com and Walmart’s Flipkart. Tata Neu, which has been in…
Google Cloud and Flipkart, India’s homegrown consumer internet ecosystem, have entered into a multi-year strategic partnership to help fast-track Flipkart’s innovation and cloud strategy. This partnership will propel Flipkart into its next phase of growth and…
An Indian court on Friday dismissed appeals by Amazon.com and Walmart’s Flipkart that sought to stall an antitrust investigation into their business practices, dealing a major setback to the U.S. firms in a key market. The Competition Commission of India…
India’s antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behavior at Amazon.com Inc and Walmart Inc’s Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said. The comments come as…
Walmart Inc.’s Flipkart is exploring going public in the U.S. through a merger with a blank-check company as it seeks to quicken its listing process, according to people familiar with the matter. The Bengaluru-based online retailer has been weighing a U.S.…
Amazon-owned Flipkart has been blocked from entering the food-retail business by Indian regulators who had deliberated for almost a year on an application. Subsidiary Flipkart FarmerMart had applied to sell foodstuffs grown or manufactured in India online via…
Indian e-commerce platform Flipkart has filed for approval from regulatory authorities to conduct food retail in the territory. According to a Times of India report, The Walmart-owned business has made the application with the Department for Promotion of…
Bezos, whose worth has been estimated at more than $110 billion, is officially in India for a meeting of business leaders in New Delhi. But the Competition Commission of India announced Monday that it was investigating Amazon and its main rival in the…
Walmart-owned Indian e-commerce platform Flipkart is launching a food retail business. The new initiative will see the firm release its own private label, Flipkart Farmermart, as well as a grocery supply chain and potentially physical stores. A spokesman for…
