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Walmart, Home Depot, Macys Earnings to Give New Pulse on Retail
2018-05-14 18:26:06| National Real Estate Investor
The retailers' performance will give fresh perspectives into the health of brick-and-mortar retail and the strength of buyer sentiment in the United States.
Walmart to support India sourcing with Flipkart stake
2018-05-11 14:19:00| Daily apparel & textile news and comment - from just-style.com
Retail behemoth Walmart has its eye on growth in the Indian market with the acquisition of a majority stake in e-commerce retail giant Flipkart Group, in a move that will allow it to support local supply chains.
Tags: support
india
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Walmart challenges Amazon with $16bn Flipkart deal
2018-05-09 19:10:11| BBC News | Business | UK Edition
Walmart will pay $16bn to take control of the Indian e-commerce giant Flipkart. Not bad for a company founded just over a decade ago.
Tags: deal
amazon
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walmart
Walmart wins bidding for Flipkart, to buy 77% for USD 16 billion
2018-05-09 13:53:00| Telecompaper Headlines
(Telecompaper) Walmart has won the bidding to acquire Indian e-commerce platform Flipkart, beating Amazon to the deal. The US company will pay USD 16 billion to acquire a 77 percent stake in Flipkart from shareholders such as Softbank. Flipkart's founders as well as Tencent, Tiger Global and Microsoft will continue to hold minority stakes. Walmart said it will build out the Indian platform in the near term, ahead of an eventual IPO for Flipkart.
Walmart wins battle for India's Flipkart
2018-05-09 13:09:37| BBC News | Business | UK Edition
The US giant is paying about $16bn for a 77% stake in India's biggest online retailer.
Tags: battle
wins
walmart
indias
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