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Flipkart still looking for investments to raise valuation; In talks with Walmart and CPPIB for funding

Flipkart’s valuation has been getting dimmer by the quarter. In March, its parent company in Singapore reduced equity investments by 70%. And the etailer’s million dollar cash burn rate...

Should Flipkart & Amazon watch out for ecommerce competition from Walmart?

With the acquisition of Jet.com, the year-old US based ecommerce startup, Walmart Stores Inc. made its way into ecommerce. Its entry into the lucrative online retail market came at...

Walmart launches B2B ecommerce facilities in Jammu

Walmart India has launched its 10th B2B ecommerce portal in Jammu. Members of Best Price wholesale store from Jammu and surrounding nine cities will now be able to access...

Flipkart may be great for Walmart to acquire!

It seems like 2015 is going to be a roll for Flipkart. Just a couple of weeks back, the company has received about $ 700 million in investments, with...

Walmart India extends its online wholesale platform to Rajahmundry, AP

Walmart has extended its B2B ecommerce platform, www.bestprice.in to Rajahmundry, Andhra Pradesh. Members of this store can now log on to the platform and purchase all products, which includes...

e-Walmart likely in 19 Indian cities by October 2014

Walmart currently operates physical stores in 20 Indian cities. Its original plans indicated extending its online service to these cities by 2015. However, there seems to be re-routing in...

Walmart India launches online wholesale platform in Lucknow & Hyderabad

Walmart India has launched its B2B e-commerce platform, bestpricewholesale.co.in, according to a PTI report. The registered members of Best Price Modern Wholesale stores in Hyderabad and Lucknow will now...

Walmart to launch Online Wholesale Platform on July 1

Walmart will foray into the Indian e-commerce market with the launch of its virtual marketplace on July 1, which would be an online platform for B2B business. Best Price,...