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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...

US: Anthem announces alliance with Walmart

Health insurance plan provider Anthem is collaborating with Walmart to provide consumers with easier access to over-the-counter (OTC) medicines and other health-related services, announced...

India: Reliance Industries to take on Walmart and Amazon

The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced...
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