Walmart has completed the $16 billion acquisition of Flipkart, the India e-commerce company locked in a battle with Amazon to lead a growing and competitive market of more than 1.3… Read More
Walmart is buying a majority stake in Flipkart, the top online retailer in India, further escalating its battle with Amazon to the global stage. Walmart is paying $16 billion for… Read More
Amazon is making a $5 billion play to became the top e-commerce site in India, and it seems the investment is paying off. According to new data from data intelligence… Read More
Flipkart announced a $1.4 billion investment round Monday, involving some tech heavyweights from around the globe, as it goes toe-to-toe with Amazon to control the India online retail market. Flipkart is… Read More
Flipkart, the top online marketplace in India, has agreed to adopt Microsoft Azure as its exclusive public cloud platform, augmenting its own data centers with the Redmond company’s technologies as it tries… Read More
Amazon has launched a new marketplace service in India that lets people sell their used items through the online retail giant’s platform. Not only is it providing the marketplace, Amazon is also… Read More
Walmart, the world’s largest retailer, is in advanced talks to invest $1 billion in Indian e-commerce site Flipkart, as reported today by Bloomberg News. The potential deal would give Flipkart a… Read More
Flipkart, India’s largest e-commerce site founded by two former Amazonians, has hired three top executives, including one from Amazon, to continue building an online retailing powerhouse in the world’s second-most populous country.… Read More
Snapdeal reportedly has raised $500 million to take on one of the fastest growing e-commerce markets in the world. The company, which raised money from a consortium of investors, including Alibaba, Foxconn and… Read More
In India, where smartphone adoption is ahead of computer use, companies are constantly having decide where to invest their resources. Take Flipkart, for example, which is the country’s largest e-commerce site, rivaling Amazon.com. Last… Read More
The popularity of mobile phones in India is driving the country’s biggest e-commerce company to shut down its web portal within a year. FlipKart announced on Monday it will be transitioning over to its… Read More