Flipkart highlighted that Google's investment, along with a cloud collaboration, will support the expansion of its business and the modernisation of its digital infrastructure, enhancing services for customers across India.
Like other companies in United States, Walmart is shifting its strategy towards more in-person work after years of pandemic-induced remote working. At one point it even endorsed remote work as the new norm.
Flipkart's valuation dropped from $40 billion in the fiscal year ending January 31, 2022, to $35 billion as of January 31, 2024. However, company sources have countered this estimate and said it would actually be higher.
The shooter is reported to have died from a suspected self-inflicted gunshot wound. Beavercreek Police Department said that officers are currently investigating the incident.
Walmart group firm has raised USD 750 million, including USD 200 million capital infusion from Walmart.
Officials from the Bentonville-headquartered firm recently held a virtual meeting with several domestic toy manufacturers here. The company informed toy makers about their requirements and expected quality standards as it is directly engaging with the domestic toy makers for sourcing.
Infosys will help retailers implement and use Store Assist, which enables them to provide seamless omnichannel experiences such as pickup, delivery and ship from store for both employees and customers.
Virginia Walmart shooting: The attack at the Walmart came three days after a person opened fire at a gay nightclub in Colorado, killing five people and wounding 17. The U.S. has now had 40 mass killings so far this year, second to the 45 that occurred for all of 2019.
US Walmart Store shooting: Officers responded to a report of a shooting at the Walmart on Sam’s Circle around 10:15 pm. EST (0315 GMT) and as soon as they arrived they found evidence of a shooting, Chesapeake Officer Leo Kosinski said in a briefing.
Walmart Land will bring the fashion, style, beauty and entertainment items directly to the global Roblox community of over 52 million daily users. It will feature a variety of immersive experiences, for the users. Users can access the 'Walmart Land' experience on Roblox.com and 'Walmart's Universe.
Walmart news: The news of layoffs at Walmart came as after the company recently slashed its profit outlook due to inflation.
After background verification, individuals will be able to onboard themselves for various roles, including delivery executives to start with, and service partners or technicians in the coming months, a statement said.
Through these new offerings, kiranas (neighbourhood mom-and-pop stores) can avail credit at zero cost through end-to-end digital onboarding in partnership with IDFC FIRST Bank and other fintech institutions, it added.
Walmart Inc owns a majority stake in Flipkart. It had invested USD 16 billion in 2018 in the Bengaluru-based e-commerce platform to pick up 77 per cent stake. In July last year, it led a USD 1.2-billion round in Flipkart, valuing the e-commerce firm at USD 24.9 billion.
The decision by Walmart came as India continues to witness a steep increase in the number of COVID-19 cases and deaths, crippling its health facilities, especially the supply of oxygen.
Walmart on Thursday announced that it will triple its exports of goods from India to $10 billion each year by 2027.
Walmart says it has removed ammunition and firearms from displays at its U.S. stores, citing "civil unrest" in some areas. The nation's largest retailer, based in Bentonville, Arkansas, sells firearms in about half of its 4,700 stores.
Walmart Inc. is in talks with Tata Group for an investment of up to $25 billion in the proposed "super app" of the salt-to-software conglomerate, the Mint newspaper reported on Tuesday, citing people familiar with the matter.
US President Donald Trump and some politicians have repeatedly expressed speculation that TikTok poses a national security threat to the country, though no evidence has been provided to support the allegations.
Walmart Foundation, the philanthropy arm of retail major Walmart, on Thursday announced two new grants, totalling USD 4.5 million (around Rs 33.16 crore) to help improve farmer livelihoods in India.
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