Monday, August 15, 2022

Tag: Walmart

Flipkart IPO evaluated at $60-70 billion

Flipkart, Walmart's Indian e-commerce subsidiary, has boosted its IPO valuation aim by approximately a third to $60-70 billion, and now plans to list in the United States in 2023 rather than this...

Sachin Bansal’s Navi Technologies files for a $440 Million IPO

Sachin Bansal's Navi Technologies, a fintech business that provides clients with insurance and credit products, has filed for a $440 million IPO, signalling that the 40-year-old entrepreneur who made his fortune by...

Amazon Retail with announced agronomy services to empower farmers with the help of Technology

Amazon Retail on Tuesday announced the launch of its agronomy services for farmers that will provide timely advice and enable them to make accurate decisions on actions required for their crops. The...

Best Buy Adopts Home-Delivery Plan That Failed at Walmart As Sales Surge

Best Buy Co.’s store employees are delivering online orders to customers’ homes. A move previously applied by rival Walmart, but the huge retail corporation failed to make it a success. Best Buy said...

ByteDance is on a Hiring Spree to Challenge E-Commerce King Alibaba Ahead of Mega IPO

Zhang Yiming, the founder of ByteDance Ltd., built the company into the world’s most valuable private company by challenging incumbents on their own turf. Just like TikTok challenged Facebook, Yiming’s latest target...

Angry Indian Traders to Counter Amazon Smbhav 2021 with own event called ‘Asmbhav’

A huge number of small Indian businesses are planning to protest in an event on Thursday against large foreign retailers like Amazon.com Inc. The protest day coincides with the U.S. e-commerce giant’s...

Flipkart set to go Public in the Fourth Quarter of 2021: Report

Flipkart, the Walmart Inc.-owned Indian e-commerce giant, is making progress toward an initial public offering (IPO) as soon as the fourth quarter of this year, according to a report by Bloomberg. Walmart has...

Walmart-owned Flipkart evaluates U.S. listing with SPAC as option

Walmart Inc.’s E-commerce company Flipkart is exploring going public in the U.S. via a merger with a blank-check company as it seeks to quicken its listing process, according to people familiar with...
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