Walmart joins brands abandoning Elon Musk's social media platform X

02 Dec 2023

In an announcement made on Friday, 1 December 2023, Walmart confirmed that it is no longer advertising on the social media platform X

Walmart reduces import dependence on China and shifts focus to India

30 Nov 2023

Walmart, the world's largest retailer, has significantly increased its imports from India while decreasing its reliance on China.

International brands' waste fuels brick kilns in Cambodia, prompting health concerns

20 Nov 2023

The Cambodian League for the Promotion and Defense of Human Rights (LICADHO) reveals that waste from at least 19 international brands, including major names like Adidas and Walmart, is being utilized as fuel in brick factories in Cambodia.

Walmart prepares for 'Open Call' event in India as it aims for $10 billion annual export goal by 2027

08 Nov 2023

Retail giant Walmart is seizing the India-first opportunity in the global sourcing landscape as it prepares to host a groundbreaking mega sellers' summit in New Delhi on February 14 and 15, 2023.

Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million

24 Jun 2019

Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart

New FDI rules could force Walmart to exit Flipkart: Morgan Stanley

05 Feb 2019

Effective 1 February, e-commerce platforms cannot sell their own products or brands that are directly or indirectly owned by them or make more than 25 per cent of their sales from private labels

Flipkart parent gets a Rs2,190-cr equity boost from Walmart

12 Dec 2018

The fresh infusion of funds by Walmart comes amidst reports that Flipkart may invest in or partner with offline retailers in groceries and furniture to take on arch rival Amazon in India

Flipkart is now 81.3% Walmart

21 Nov 2018

The move, amidst a controversial exit of co-founder Binny Bansal and an expected rise in annual earnings of Flipkart, leaves the remaining shareholders with a mere 18.639 per cent stake

Binny Bansal resigns as chairman and CEO of Flipkart group

14 Nov 2018

With both co-founders - Sachin Bansal and Binny Bansal - out of power, Flipkart, India’s largest and most popular e-commerce firm, will now be a Walmart show

Walmart sees a $740 mn hit on quarterly profit on Flipkart acquisition

17 Oct 2018

Walmart offers to buy back part of Flipkart ESOPs for $800 million

21 Sep 2018

Walmart files caveat in HC to pre-empt move by Cait and SJM

21 Aug 2018

Traders say the approval for Walmart’s acquisition of Flipkart “violated government’s FDI policy and that the combination is a sinister design to control and dominate the retail trade through the passage of e-commerce policy

Traders plan nationwide bandh against Walmart’s Flipkart buy

21 Aug 2018

Walmart’s acquisition of Flipkart unlikely to impact competition: CCI

13 Aug 2018

Flipkart-Walmart deal gets regulatory approval

09 Aug 2018

While the Flipkart-Walmart alliance aims to fend off competition from e-commerce giant Amazon, the US retail giant announced plans to hire 1,000 professionals and also projected creation of 30,000 direct and indirect jobs through new cash-and-carry shops

Traders threaten to fight Flipkart-Walmart deal in Supreme Court

03 Jul 2018

India currently allows 100-per cent foreign direct investment in e-commerce firms that operate on an online marketplace-based model and most analysts and experts expect the deal to go through

Walmart to take kirana stores into confidence ahead of Flipkart buy

06 Jun 2018

Walmart is planning to open its second fulfilment centre in India as part of its kirana store programme, called 'Mera Kirana', which tries to empower and train local kirana stores

Walmart-Flipkart deal: RBI, ED to look into alleged FDI rule violation

02 Jun 2018

The commerce ministry has asked the Reserve Bank of India and the Enforcement Directorate to look into the alleged violation of FDI rules in the $16-billion Walmart-Flipkart deal

Walmart will kill India’s domestic retail trade, warns CAIT

26 May 2018

Comparing Walmart to The East India Company, the Confederation of All India Traders says  Walmart will penetrate retail trade through e-commerce, and indulge in predatory pricing and deep discounting, creating an uneven playing field for others

Walmart seeks competition panel nod for Flipkart stake purchase

19 May 2018

For $16 bn Walmart bags Flipkart

10 May 2018

The acquisition of the majority stake makes the $500-billion Walmart the largest shareholder of the Flipkart group and  help it emerge the undisputed leader in ecommerce

Walmart majority stake purchase in Flipkart finalised: SoftBank's Son

09 May 2018

Walmart signs deal term sheet with Flipkart: report

09 May 2018

Walmart to announce Flipkart deal this week, to acquire 70-75% stake with Google

08 May 2018

Retail major Walmart along with Google's parent Alphabet are expected to announce their acquisition of Flipkart,, India's largest e-commerce business, before the end of this week

Flipkart turns itself into a private firm ahead of Walmart deal

07 May 2018

With a second buyback of shares from investors worth $350.46 million, Indian online retail major Flipkart has turned from a holding company into a private firm in Singapore where it is registered