An Indian antitrust investigation has found US e-commerce giant Amazon and Walmart’s Flipkart violated local competition laws by giving preference to select sellers on their …
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Flipkart
Google to Invest $350 Million in Walmart-Controlled Flipkart
Alphabet Inc.’s Google will invest about $350 million in Flipkart, an Indian online retailer controlled by Walmart Inc., according to people familiar with the matter. …
Walmart-Backed Flipkart to Test Web3, Metaverse Expansion
Walmart-backed Flipkart India Pvt. launched an in-house innovation arm called ‘Flipkart Labs’ to explore ways to expand onto the metaverse. Through the innovation arm the …
Flipkart Pumps $116 Million Into Its Myntra Fashion Platform
The new investment comes as India’s long-time fashion e-commerce leader faces significant challenges from Reliance-owned Ajio and beauty leader Nykaa, which is increasingly expanding into …