Walmart Buys Out Tiger Global’s Flipkart Stake
Walmart bought out Tiger Global Management’s remaining stake in Flipkart, an Indian e-commerce company, for $1.4 billion.
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Amazon Trounces Walmart in Most Retail Categories
Amazon and Walmart in the US market have long been in a state of competition with respect to each other, in this situation, the obvious circumstance is that at certain stages one of the participants in the conditionally adversarial process will be in a more advantageous position.
Walmart Looks to Generative AI as Grocers Tap Self-Service
At a time when grocers are coming up with the most effective results of using a self-service strategy while simultaneously eliminating the shortcomings of this format, Walmart is actively paying attention to artificial intelligence to make its digital tools smarter and increase their effectiveness.
How Walmart Is Using Machine Learning AI to Boost Retail
Many companies have been using artificial intelligence in their businesses for years in order to optimize performance and increase efficiency. However, Walmart has a unique advantage in this area due to its access to massive amounts of data.
Walmart Opens Second Automated Market Fulfillment Center
Walmart has opened its second Market Fulfillment Center (MFC).
Walmart Gains eCommerce Edge Over Amazon in India
The Indian business helped Walmart to win a rare victory in e-commerce over Amazon.
Walmart to Expand Capabilities of Digital Wallet in Mexico
The media reports that the Walmart division (Walmex), which operates in Mexico and Central America, intends to expand the capabilities of the digital wallet provided to customers.
Walmart Closes 4 Chicago Stores After Years of Losses
Walmart has decided to close half of its stores in Chicago.
Walmart Suit Seeks to End Capital One Card Relationship
The media reported that Walmart sued Capital One with a demand to terminate a 4-year partnership with credit cards.
Walmart Invests $200 Million in PhonePe
PhonePe, India’s largest mobile payment services company, has raised another $200 million in an ongoing funding round.
Walmart Teams Up With Citi on Digital Lending Platform
Walmart and Citi introduce a digital lending platform that connects the retail giant’s network of 10,000 US-based small business suppliers with 70+ lenders that may provide loans of up to $10 million
Walmart Launches Savings Offer for New US Sellers
Retail giant Walmart has launched a new exclusive savings offer for those US-based merchants who start selling on Walmart Marketplace
Walmart Readies $2.5 Billion Investment in India’s E-Commerce and Payments
Walmart plans to invest more than $2.5 billion to develop its e-commerce and payments business in India.
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