Showing results for "#Walmart."
PhonePe Group posts Rs 197 cr profit for FY24
The group’s payment business reported a standalone net profit (excluding ESOP costs) of Rs 710 crore in FY24, against a loss of Rs 194 crore in the...
Retail biz to reach $2 trillion in next decade: BCG-RAI report
Store expansions continue to happen and with increasing urbanisation, there is more consumption expected to happen in tier 1 to 4 cities.
Walmart to raise annual wages for US store managers
At the end of fiscal 2023, Walmart employed around 1.6 million associates in the United States.
Flipkart gets $600 mn from Walmart
The company confirmed it has secured $600 million from Walmart.
Walmart says it is not advertising on social platform X
The platform has struggled to retain advertisers since Musk acquired the company in October 2022, and faced a fresh exodus in recent weeks
TCS to consider buyback of shares on Oct 11
The strategic partnership will leverage TCS’ cloud, AI, and security solutions to help ASDA deliver the divestiture smoothly, on-time and securely.
WhatsApp adds rival in-app payment options in India commerce push
People shopping on WhatsApp could also pay using popular services like Alphabet Inc’s Google Pay, Paytm and Walmart’s PhonePe but only after being...
Walmart increases stake in Flipkart, pays USD 3.5 billion to acquire...
PhonePe is a digital payments company, in which Walmart has a majority stake following the takeover of parent outfit Flipkart, which had shifted its...