Walmart

Walmart to drop plastic mailers, let customers bring their own bags to order pickup

Walmart announced this morning it will be reducing plastic across its e-commerce operations in a number of ways, including shifting from plastic mailers to recyclable paper bag mailers and allowing cu

Coupang says no plans to enter India

Coupang doesn’t plan to enter the Indian market, the company said, refuting a local media report that claimed that the South Korean e-commerce firm had expressed interest in entering the South A

Bernstein pegs Reliance as India’s eventual e-commerce kingpin

The Indian conglomerate Reliance is poised to outpace Amazon and Walmart-backed Flipkart in the race for the country’s $150 billion e-commerce market, analysts at Bernstein projected in a scath

Amazon omits India business in earnings, a first in years

Amazon omitted any reference to India in Thursday’s earnings call and release, a notable change for the e-commerce giant that has consistently highlighted rapid growth and bullish outlook in the

India warns e-commerce giants, urges adoption of open network

India will use the “full force of the government” to promote the adoption of its open e-commerce network, cautioning e-commerce giants failing to join the initiative within the stipulated time fra

Walmart-backed PhonePe set to challenge Google’s dominance with app store in India

Indian fintech giant PhonePe is preparing to launch a dedicated app store for Android users in India, the latest product push from the Walmart-backed firm that commands the mobile payments market in t

Walmart-backed payments giant PhonePe makes e-commerce push

In a move reminiscent of its successful early bet on the government-backed UPI network seven years ago, PhonePe, India’s leading mobile payments app, is now setting its sights on the e-commerce

India government-backed open e-commerce network expands to mobility

ONDC, the Indian government-backed initiative that is attempting to democratize e-commerce, has now set its eyes on the mobility industry.

Walmart invests $200 million in Indian mobile payments giant PhonePe

PhonePe has raised another $200 million as part of an ongoing round, a move that has now helped it pull $650 million in recent weeks despite the market slump.

Walmart sells e-commerce outdoor retailer Moosejaw after acquiring it in 2017

Walmart is selling e-commerce outdoor retailer Moosejaw to Dick’s Sporting Goods after purchasing it six years ago. The financial terms of the deal, which is expected to close in March, were not

Enterprise blockchain adoption may grow as hybrid use cases evolve

Companies like JP Morgan, IBM, American Express, CVS, Cisco, Visa, Walmart and T-Mobile are using blockchain technology to evolve.

Walmart-backed PhonePe’s nine-month 2022 revenue surged to $234 million

PhonePe clocked a revenue of $234.3 million in the first nine months of 2022, the most valuable Indian fintech startup has disclosed in a filing. The nine-month financials marks a jump from the $201.6

Hands on with Walmart’s new (but buggy) ‘Text to Shop’ feature

Walmart recently introduced a new way to shop: via text. Last month, the retail giant launched its “Text to Shop” experience which allows mobile consumers across both iOS and Android devic

Walmart readies another $2.5 billion investment in India’s e-commerce and payments

Walmart is preparing to spend over $2.5 billion in India as the retailer doubles down on the opportunities it sees in India’s e-commerce and payments markets even as the firm contends with risin

Consumer advocacy groups want Walmart’s Roblox game audited for ‘stealth marketing’ to kids

A number of consumer advocacy groups have a problem with Walmart’s entry into the metaverse. The online retailer last fall announced the launch of two new virtual worlds on Roblox, Walmart Land

Amazon launches freight service Air in India

Amazon has launched Amazon Air, its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed more than $6.5 bi

India’s PhonePe tops $12 billion valuation in new funding

PhonePe’s valuation has more than doubled to over $12 billion in a new funding round as the Indian fintech giant readies for life without parent firm Flipkart. The Bengaluru-headquartered startu

Will Twitter, PayPal and Walmart compete to launch America’s super app?

Twitter, PayPal and Walmart could find themselves competing to monetize the financial lives of millions of people. Which one has the best odds of winning, or is there actually room for several leaders

Amazon shutting down wholesale distribution in third business exit in India

Amazon is shutting down its wholesale distribution business in India, the latest in a series of retreats for the retailer in the key overseas market where it has deployed over $7 billion in the past d

Amazon quietly opens its logistics network to third-party merchants in India

Amazon is quietly beginning to offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India, tapping its large delivery chain
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