Flipkart just refuses to go away from the news. Former founder Binny Bansal’s sudden exit from Flipkart as chairman and group CEO after allegations of ‘serious personal misconduct’ charges against him, could predict changes for not just for Flipkart but […]
The Walmart-Flipkart deal will go down in Indian e-commerce history as the largest of its kind, read a 77% stake worth USD 16 billion. While the industry is gushing over Flipkart co-founders’ business acumen in turning a bookstore into India’s […]
Flipkart-owned e-tail platform Myntra is planning an international expansion, riding the Walmart network. The online retail company is in talks with Walmart to take its private labels to foreign markets through the global retail giant’s offline stores. While Myntra has […]
If you thought Flipkartians were resting after making the deal of the century by selling a USD 16-billion stake to none other than the world’s largest retail company Walmart; get this. The business-to-business online marketplace Udaan, which was founded recently […]
Targeting 200 million more online shoppers, e-commerce retailer Flipkart has taken over the Artificial Intelligence (AI) based speech recognition startup Liv.ai. According to the terms of the acquisition, Liv’s twenty-member team will now belong to Flipkart’s ‘voice solutions’ team. With […]
No more speculation. It is official. Flipkart has sold 77% of its stake to retail giant, Walmart, and the amount is no less than $16 billion. According to Entrackr, the company released a statement saying that the remainder of the […]
As the Walmart-Flipkart-Amazon deal continues to excite the media no end, according to reports from Bloomberg and The Wall Street Journal, it is most likely that Flipkart has chosen Walmart over Amazon. According to the reports, Flipkart has agreed to […]
The Indian e-commerce market is rife with speculation. Amazon or Walmart, who will rule the online retail space in India? Amazon, after competing with Flipkart for years, is now trying to buy a major stake of the home-grown e-retail startup […]
India’s largest e-commerce company Flipkart India Pvt. Ltd is all set to buy a majority stake in online fashion retailer Myntra.com. The deal is expected to be officially announced this week and is set to be worth around $300-330 million […]
Couple of days back, we brought to you the insights from a report done by Accel Partners on how e-commerce industry in India is shaping up. Taking this a step further, Baggout came up with an interesting survey on online shopping […]
