Tagged: flipkart

Big Deals of 2018 Skyrocket in Arkansas by 267 Percent

by Jan Cottingham 2/11/2019 12:00 am

The value of big deals in Arkansas leaped to $53.9 billion in 2018, a 267 percent increase over the $14.7 billion figure of 2017.

Binny Bansal Out As CEO of Flipkart Group

by Associated Press 11/13/2018 6:44 am

The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, is stepping down following an allegation of serious personal misconduct.

Swallowing $16B Purchase of Flipkart, Walmart Cuts Outlook

by Associated Press 10/16/2018 8:11 am

Walmart trimmed its profit outlook citing this year's $16 billion acquisition of the Indian online retailer Flipkart, its biggest deal ever.

Walmart Raises Outlook As Sales Spike in Stores, Online

by Associated Press 8/16/2018 6:43 am

Walmart is raising its outlook for the year after beating all expectations for the second quarter and registering the strongest same-store sales growth in a decade. Sales at existing stores jumped 4.5 percent and e-commerce sales grew 40 percent.

Ahead of Bud Walton Party, Walmart Shareholders Reject 3 Proposals

by Marty Cook 5/30/2018 3:48 pm

Shareholders of Walmart Inc. of Bentonville rejected three proposals at the decidedly low-key company business meeting Wednesday at the Hammons Convention Center in Rogers.

Update: Walmart to Pay $16B for Controlling Stake in India's Flipkart

by Associated Press 5/9/2018 6:49 am

Walmart will soon reach shoppers in India's massive consumer market directly, as it takes control of the online retailer Flipkart that's known for its ubiquitous delivery drivers on their motorcycles with oversized backpacks.

Executive Ranks Shuffle at Flipkart, Eyed by Wal-Mart

by Reuters 1/13/2017 10:52 am

Kalyan Krishnamurthy is named CEO of India's Flipkart, in which Wal-Mart is looking to invest between $750 million and $1 billion.

Sources: Wal-Mart In Talks to Buy Stake in India's Flipkart

by Reuters 9/28/2016 9:31 am

Wal-Mart Stores Inc. is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said.