Walmart’s acquisition of Flipkart in India has barely completed 10 months, and already some big changes and moves have been witnessed. Now, another big gamble has been played by Walmart: The post of CEO inside Myntra can be abolished…
The unceremonious ‘resignation’ of Flipkart co-founder Binny Bansal has triggered a chain of events in Walmart, which can be compared to a revolt. Myntra CEO and CFO, both have resigned from the company, as per some reports. No official…
Yesterday, we had reported Binny Bansal, the CEO of Flipkart Group had suddenly, and abruptly resigned from his post. And Walmart, which had acquired Flipkart for $16 billion in May this year, had accepted his resignation as well.
In a twist of events, Binny Bansal, one of the co-founders of Flipkart has resigned from his current post of CEO of Flipkart Group. And Walmart has promptly accepted his resignation as well.
Flipkart’s founder Sachin Bansal is all set to gamble 10% of his personal wealth on Ola. This is indeed big, because if this investment happens, then it will be the largest funding driven by a personal wealth of any individual. What…
In a first of its kind move, Made in India ecommerce portal Flipkart has announced the launch of credit line for its consumers. Now, online shoppers can get upto Rs 60,000 credit for shopping online, which they can pay later.
Kishore Biyani led Future Group is right now under hot pursuit from Alibaba, Google and Amazon, as they wish to invest in the company, and grab a pie of the offline retail sector.
Paytm Mall has informed us that they are aiming for Rs 70,000 crore business by March, 2019. And, they have claimed to process Rs 24,500 crore worth of annualized gross sales by the end of June, 2018.
Launched in 2005, that is 18 years ago, eBay India was known to be a powerful marketplace, a place where anything and everything was available, for a price.
Flipkart app is now showing mobile recharge facility, directly via main menu. PhonePe, the mobile wallet from Flipkart already had this option since long.