Walmart is reportedly looking to raise $10B for the Indian e-commerce and digital payments player by selling a roughly 25% stake. All of that gives Walmart a strong incentive to do an IPO for its ...

Walmart Inc.’s WMT International unit stood out as the company’s strongest engine of growth in the third quarter of fiscal ...

Walmart is chipping away at its main competitor Amazon wherever and however it can, this time taking a bigger stake in Indian e-commerce firm Flipkart. “We value Tiger Global’s involvement and support ...

The addition of Leary comes at a crucial time when India’s largest private internet company is going into the next year for a ...

Walmart Inc. recently paid $1.4 billion to buy out the shares of Flipkart held by another large investor, increasing its control over the Indian e-commerce company. Walmart acquired the shares owned ...

Packages in a cart at a Flipkart. Image credit: Anindito Mukherjee/Bloomberg via Getty Images Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve ...

Walmart has agreed to buy India's leading online retailer Flipkart, paying $16 billion for a controlling stake of 77%. Walmart has agreed to buy India's leading online retailer Flipkart, paying $16 ...

Walmart’s big bet on India has suffered another major setback. The head of Flipkart, the Indian online retailer Walmart bought in May, stepped down on Tuesday following an independent investigation ...

Flipkart is planning an initial public offering (IPO) for the fourth quarter this year. Walmart had been considering taking the company public through a special purpose acquisition company (SPAC) but ...

Walmart-owned Flipkart is working towards an IPO as soon as the fourth quarter of this year, Bloomberg reported. The Indian e-commerce giant is seeking a valuation that could top $35 billion. If ...

Walmart announced today that Binny Bansal, CEO of Walmart's Indian e-commerce company Flipkart, had resigned after an internal investigation related to Bansal's personal conduct. Bansal is a cofounder ...