Amazon Accuses US Antitrust Bill for Unfairly Targeting the Retailer
Amazon.com on Wednesday lambasted a bill in Congress barring tech giants from giving preference to their own businesses on their… Read More
walmart
Flipkart Raises its IPO Valuation Target to $60-70 Billion
Walmart's Indian e-commerce company Flipkart has internally raised its IPO (Initial public offering) valuation target by around a third to… Read More
Zomato Blinkit Said to Have Reached Merger Agreement
Indian food-delivery firm Zomato Ltd has reached an all-stock merger with Blinkit that values the instant-delivery service between $700 million… Read More
Twitter to Test New Live Shopping Experience With Walmart, Jason Derulo
Twitter is teaming up with Walmart to launch an online shopping initiative via livestreams. The latest feature will allow users… Read More
Flipkart Acquires Sastasundar, Plans Healthcare Foray With Flipkart Health+
Flipkart on Friday announced its entry into the healthcare segment and said it has signed an agreement to acquire a… Read More
India’s Plan for Stricter E-Commerce Rules Said to Be Facing Internal Dissent
India's plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, memos reviewed by Reuters… Read More
Ford, Walmart Team Up to Launch Autonomous Vehicle Delivery Service
Self-driving startup Argo AI, automaker Ford Motor and Walmart will together launch an autonomous vehicle delivery service in Miami, Austin,… Read More
Flipkart and Its Founders Said to Be Threatened With $1.35 Billion Fine
India's financial-crime agency has asked Walmart's Flipkart and its founders to explain why they shouldn't face a penalty of $1.35… Read More
India’s New E-Commerce Rules Considered ‘Cause for Concern’ by US Lobby Group
A top lobby group that is part of the US Chamber of Commerce believes India's proposed new e-commerce rules are… Read More
Amazon, Flipkart Requests to Annul Antitrust Case Rejected by Karnataka High Court
An Indian court dismissed pleas on Friday by Amazon.com and Walmart's Flipkart to quash an antitrust investigation into the business… Read More