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Walmart recently introduced a new way to shop: via text. Last month, the retail giant launched its “Text to Shop” experience which allows mobile consumers across both iOS and Android …
Hands on with Walmart’s new (but buggy) ‘Text to Shop’ feature Read More
Accel Partners and Tiger Global, one of the investors in Walmart-owned e-commerce giant Flipkart, are reportedly looking to sell their remaining stake in Flipkart to the parent company for about …
Accel, Tiger Global looking to sell stake in Flipkart for $1.5B, says report Read More
PhonePe’s valuation has more than doubled to over $12 billion in a new funding round as the Indian fintech giant readies for life without parent firm Flipkart. The Bengaluru-headquartered startup …
India’s PhonePe tops $12 billion valuation in new funding Read More
Following the partial separation announced in December 2020, e-commerce marketplace Flipkart and digital payments platform PhonePe have now been established as separate entities. With this move, PhonePe becomes a fully …
Flipkart completes full separation of PhonePe Read More
Walmart-owned PhonePe has emerged as the posterboy of the unified payment interface or UPI ecosystem, leading consistently in terms of volume and value. Its leadership in UPI payments is also …
PhonePe’s revenue surges 2.4X in FY22, outstanding losses cross $1 Bn Read More
Amazon is quietly beginning to offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India, tapping its large delivery chain to drive …
Amazon quietly opens its logistics network to third-party merchants in India Read More
Walmart is holding a “Rollbacks and More” sale event from October 10 to 13 to counter Amazon’s Prime Early Access Sale. Last week, Amazon announced that it’s holding a Prime …
Walmart counters Amazon’s Prime Early Access Sale with its own fall deals event Read More