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Fintech & Ecommerce

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.

News

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.

Articles

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.

Fintech & Ecommerce

Walmart Opens Second Automated Market Fulfillment Center

Walmart has opened its second Market Fulfillment Center (MFC).

News

Walmart Gains eCommerce Edge Over Amazon in India

The Indian business helped Walmart to win a rare victory in e-commerce over Amazon.

Fintech & Ecommerce

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.

Finance & Economics

Walmart Closes 4 Chicago Stores After Years of Losses

Walmart has decided to close half of its stores in Chicago.

Fintech & Ecommerce

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.

News

Walmart Invests $200 Million in PhonePe

PhonePe, India’s largest mobile payment services company, has raised another $200 million in an ongoing funding round.

News

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

Finance & Economics

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

News

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.