Tag: Walmart
India: Regulator opens antitrust probe against Amazon, Walmart’s Flipkart
India’s antitrust body on Monday, January 13, ordered an investigation into alleged competition law violations by Amazon and Walmart’s Flipkart, the latest...
US: Amazon accused of punishing sellers with offers on Walmart
Merchants who sell their products on both Amazon and Walmart are complaining about the pressure they’re getting from Amazon to raise their prices on...
India: Walmart CEO says Indian market is a priority
Walmart CEO Doug McMillon went on a two-day trip to Bangalore, India and said his company is committed to the Indian market, and that...
India: Walmart CFO sounds off eCommerce Rule changes
Walmart CFO Brett Briggs said that even though the retail giant anticipated the regulatory changes in India regarding foreign eCommerce companies, it was disappointing...
US: Walmart hires senior antitrust counsel
Walmart has named an in-house antitrust veteran to fill its newly created chief antitrust counsel position, about a month after StarKist agreed to a $20.5...
India: Walmart may exit Flipkart merger after new FDI e-commerce regulations?
New foreign direct investment (FDI) rules regarding online marketplaces may cause issues for the Walmart-Flipkart merger. According to investment bank Morgan Stanley, Walmart may...
India: Walmart dismisses Flipkart CEO post merger
Walmart announced on Tuesday, November 13, that Binny Bansal, the CEO of Flipkart, the Indian eCommerce company Walmart recently acquired, has resigned effective immediately.
In...
Mexico/Chile: Walmart buying Cornershop to boost presence in Latin America
Walmart has announced it is acquiring Cornershop, a leading online marketplace for on-demand delivery from supermarkets, pharmacies, and specialty food retailers in Mexico and...
India: Tencent has first right to buy in future Flipkart share...
US-based retail giant Walmart has announced that Flipkart’s minority shareholder Tencent would have the first “right to purchase” if any shareholder of the Indian...
US: Walmart launches eBook service
Walmart announced Wednesday, August 22, the launch of its new eBook service dubbed Walmart eBooks by Rakuten Kobo, which provides customers with access to...
