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Latest Articles in walmart

SoftBank In Talks To Invest USD 500-600 MN In Flipkart: Sources

E-commerce has seen strong growth in the country amid the pandemic as containment measures introduced millions to the convenience of online shopping, and prompted seasoned online shoppers to buy more.

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Kirana Partners Logged 30% Rise In Average Monthly Delivery Incomes In 2020: Flipkart

The Kirana stores form part of an extended delivery mechanism for Flipkart to help deliver packages at customers' doorstep, especially in tier-II and III cities, while providing kiranas with an additional source of revenue.

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Flipkart, PhonePe Continue To Experience Strong Growth In Q1, Says Walmart CEO

Walmart’s net sales in the US, which is its biggest market, was up 5 per cent to USD 93.2 billion in the reported quarter from USD 88.7 billion in the year-ago period.

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Flipkart To Add 8 Lakh Sq Ft Warehousing Space To Strengthen Grocery Infrastructure

Flipkart Grocery offers over 7,000 products across more than 200 categories - ranging from daily household supplies, staples, snacks and beverages, confectionery and personal care.

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Flipkart Announces Measures To Support Sellers Amid COVID-19

Flipkart will bear a 100 per cent premium of COVID insurance extended to all sellers, which covers hospitalisation and consultation between Rs 50,000 to Rs 3 lakhs.

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Walmart, Flipkart, Associate Entities To Scale Up Support For India's COVID-19 Battle

This includes a Rs 14.82 crore (USD 2 million) donation from the Walmart Foundation to support various NGOs in India.

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Flipkart Expands 'Quick' Hyperlocal Service To Six Additional Cities

The e-commerce major had launched Flipkart Quick in Bengaluru last year to widen the accessibility of products and enable quick delivery for consumers who order products from Flipkart hubs in their location.

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Strong Growth In New Seller Addition In India Despite Pandemic: Amazon

E-commerce companies have pumped in billions of dollars in setting up infrastructure like warehouses and logistics as well as marketing and promotions to woo users to their platforms, especially from tier II cities and beyond.

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Walmart's Flipkart Weighs US Listing Via SPAC Merger - Bloomberg News

A SPAC is a shell company that raises money through an IPO to merge with another firm, allowing that business to list more quickly.

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Target To Spend $4 Billion A Year To Speed Up Delivery As Pandemic Spurs Online Gains

Sales through the company's same-day deliveries and store pick-up services more than tripled, while total revenue rose 21.1% to $28.34 billion in the quarter.

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Walmart's Flipkart Expands Grocery Sales To More Indian Cities

India's broader retail industry is also witnessing a high-stakes legal battle between Reliance and Jeff Bezos-led Amazon on the Future Group's $3.4 billion sale of its retail assets to Reliance, which Future's partner Amazon is contesting.

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Goldman's Consumer Banking Head Ismail Joins Walmart Fintech Venture - Bloomberg News

Walmart entered into a strategic partnership with investment firm Ribbit Capital to create a new fintech startup.

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Walmart expands Vriddhi programme in Uttar Pradesh to help MSMEs

Walmart expands Vriddhi programme in Uttar Pradesh to help MSMEs

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Walmart Rides Soaring Holiday Demand To Beat Same-Store Sales Estimates

Online sales rose 69% in the quarter, blowing past a 35% increase in the year-earlier period, but slower than a 79% surge in the third quarter.

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Walmart Expands Vaccinations In Boost To US COVID-19 Program

The retailer also said it is positioned to serve “healthcare deserts” - rural areas lacking in healthcare facilities - and will host COVID-19 vaccination events in underserved communities at churches, stadiums and youth centers.

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