Walmart

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

Amazon to delist top seller Appario on India marketplace amid regulatory heat

Amazon plans to delist large seller Appario Retail, in which it maintains a stake, from the marketplace, the two said Monday, a year after ending ties for another large seller (Cloudtail) following al

Walmart counters Amazon’s Prime Early Access Sale with its own fall deals event

Walmart is holding a “Rollbacks and More” sale event from October 10 to 13 to counter Amazon’s Prime Early Access Sale. Last week, Amazon announced that it’s holding a Prime Da

Walmart arrives on Roblox for the first time with two new virtual worlds to engage young shoppers

Walmart announced today that it is stepping into the metaverse with two new experiences on Roblox: “Walmart Land” and “Universe of Play.” The virtual worlds are aimed at younger Walmart cu

Grocery delivery startups with low margins might drop IPO dreams for M&A reality

Getting a bunch of bananas and avocados from your favorite 15-minute grocery delivery company at 3 a.m. might be the greatest thing since sliced bread, but some of these companies are finding themselv

Walmart introduces virtual try-on tech which uses customers’ own photos to model the clothing

Walmart is expanding its support for AI-powered virtual try-on technology that allows online shoppers to better visualize clothing on models that look like themselves in both appearance and body type.

Why this Californian founder moved to Minneapolis to build a B2B fintech

Minneapolis-based Branch was founded in 2015, and it’s now one of the fastest-growing companies in the Midwest. Its founder, Atif Siddiqi, is a Southern California transplant who first relocated to

Marc Lore chews the fat about reinventing at-home dining at Disrupt

There’s no denying it — when it comes to e-commerce, Marc Lore delivers. The serial entrepreneur sold Quidsi, the parent company of Diapers.com, Soap.com and others, to Amazon in 2011 for $550 mil

Disney+ will reportedly launch in-app commerce features by year’s end

Disney is looking at ways for viewers to buy themed merchandise and accessories by scanning a QR code in the Disney+ app, according to a report from The Wall Street Journal. Scanning the QR code will

Amazon, facing ‘unfavorable’ regulatory environment, struggles to expand in India

Amazon is lagging its chief rival Flipkart in India on several key metrics and struggling to make inroads in smaller Indian cities and towns, according to a scathing report by investment firm Sanford
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