Flipkart Archives - Page 2 of 5 - Inside Retail Asia

Walmart pays US$16 billion for majority stake in India’s Flipkart

Walmart has outbid Amazon to take a majority stake in India’s largest online retail business, Flipkart.

Walmart closes in on $15bn Flipkart deal, reports

Retail giant may be about to secure a victory over Amazon.

Amazon India given nod to sell groceries

Amazon India has secured government approval to stock and sell food and groceries.

India’s Flipkart planning offline venture

India’s Flipkart is planning to enter the brick-and-mortar space as a master franchisee for foreign brands.

Indian e-commerce boom looms

An Indian e-commerce boom is imminent thanks to burgeoning numbers of internet and smartphone users.

India’s Flipkart closes $1 billion funding round

Flipkart has closed a US$1 billion funding round, with plans to raise an equal amount over the next few months.

Kribha Handicrafts cuts back Craftsvilla staff

Kribha Handicrafts, which owns online ethnic marketplace Craftsvilla, has reportedly fired nearly 100 employees.

Amazon India proposes $500m food venture

Amazon India wants to invest US$500 million in a wholly owned venture so it can sell local food items.

Amazon spends $296m to overtake Flipkart

Aiming to unseat Flipkart as market leader, Amazon has injected $296 million into its Indian unit.

Wal-Mart Stores mulls Flipkart ownership

Wal-Mart Stores is planning to invest $1 billion to take a minority Flipkart ownership stake.

LeEco India ready to roll out 1000 stores

Chinese tech firm LeEco India plans to open 1000 outlets across the subcontinent by the end of this year.

Revenue up 36pc for Zalora parent

With operating losses nearly halved, Lazada and Zalora parent Global Fashion Group has reported a 36.3 per cent rise in sales.

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