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Tag: Flipkart

Flipkart launches fund to support early stage startups in India

March 28, 2019March 28, 2019

INDIA – The ecommerce company, Flipkart has announced a new fund to support growth and development of early stage startups…

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Investments & Funding News Supplier News & Innovations WORLD NEWS 

Flipkart CEO Binny Bansal resigns after personal misconduct investigation

November 14, 2018November 14, 2018

INDIA – Walmart owned Flipkart’s Chief Executive Officer (CEO), Binny Bansal has resigned from the company following an investigation into…

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Investments & Funding News People News Supplier News & Innovations WORLD NEWS 

Nestle launches noodles brand Maggi on Flipkart’s ecommerce platform in India

August 29, 2018August 29, 2018

ASIA – Nestle India has launched its new Maggi Special Masala Noodles on Walmart-owned online platform Flipkart, solely available via…

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Financials & Economy Investments & Funding News WORLD NEWS 

Online grocery firm Grofers expects US$356m in revenue in 2019 on new additions

August 28, 2018

ASIA – Indian grocery delivery service Grofers said it expects over US$356.93 million in revenues for the year 2019 based…

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Financials & Economy Investments & Funding News WORLD NEWS 

Competition Commission of India clears Walmart’s US$16bn Flipkart acquisition

August 9, 2018

INDIA- The Indian regulator has approved Walmart’s US$16 billion acquisition of India’s largest e-commerce firm Flipkart, its biggest takeover ever…

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Financials & Economy Investments & Funding News Mergers & Acquisitions WORLD NEWS 

Flipkart to close eBay.in as it plans to relaunch a new platform in India

July 24, 2018

INDIA – Flipkart, the Bengaluru based ecommerce company will from August 2018 shut down eBay.in, a business-to-consumer platform it had…

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Financials & Economy Investments & Funding News WORLD NEWS 

Online grocery service Grofers to enter FMCG segment targeting US$364m in sales

July 18, 2018

INDIA – The Indian online grocery delivery service, Grofers has entered the fast moving consumer goods segment (FMCG) with a…

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Dairy & Infant Foods Investments & Funding News New Products Supplier News & Innovations WORLD NEWS 

Walmart’s revenue beat forecasts reaping big on online sales

May 18, 2018May 18, 2018

USA – The American retail giant, Walmart’s revenue rose almost 2% higher than the forecasts to US$122.69 billion boosted by…

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Financials & Economy Investments & Funding News WORLD NEWS 

Naspers to advance investments in SA’s rapidly growing food delivery market

May 10, 2018

SOUTH AFRICA – The South African tech and ecommerce giant Naspers Ltd has declared interest to ramp-up investments in South…

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LATEST NEWS 

Walmart acquires Flipkart for US $16b in one of the largest-ever ecommerce deals

May 9, 2018

INDIA – Walmart Inc. on has announced its high profile acquisition of Flipkart for US$16 billion for a valuation of…

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Mergers & Acquisitions WORLD NEWS 

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MOST RECENT POSTS

  • Bubs Australia reports tumbling revenue in China market
  • Kenya Ministry of Agriculture and Livestock develops new regulations in livestock industry
  • Ugandan Dairy Development Authority embarks on sensitization campaign to contain illegal removal of milk cream
  • Kenya’s capital city residents at risk of consuming contaminated eggs: CEJAD report
  • Diageo’s long-serving CEO Sir Ivan Menezes dies at age 63 after short-illness

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