Walmart Inc.’s WMT global strategy relies heavily on its investments in key markets like China and India, with Flipkart ...

Walmart also aims to take the 17-year-old company public. Walmart bought a controlling stake in Flipkart in 2018, which also gave it ownership of PhonePe, a fintech firm also preparing for an IPO.

The retailer was founded in 2007 as an online bookstore. The Walmart-owned Flipkart Group encompasses other entities such as Flipkart Wholesale, Flipkart Health+, Cleartrip, and Myntra.

However, Walmart International's operating income, in constant currency terms, declined 6.4% YoY to $1.4 Bn on the back of “strategic growth investments for Flipkart, Walmex, and Canada” ...

Flipkart India Pvt., the e-commerce giant owned by Walmart Inc., is using social videos and livestreams to convert young consumers spending a lot of time on their smartphones into loyal customers.

Walmart International CEO Kathryn McLay has said that the retail giant’s India ecommerce arm, Flipkart, will not prioritise profitability over market share and future growth.

Flipkart's new lending license in India allows Walmart's majority-owned e-commerce platform to make loans to its customers and to marketplace sellers.

(Reuters) -Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday, as its parent Walmart aims to take the 17-year-old company public.

Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.

Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.

Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.