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As quick commerce becomes India’s next e-commerce battleground, Walmart-backed Flipkart said Wednesday that its Minutes service has built a network of 1,000 micro-fulfillment centers — small, strategically located warehouses designed to enable deliveries in minutes — less than two years after launch, a milestone Amazon is also targeting as it expands its fast-delivery business in…
India’s quick commerce market is booming, with demand more than doubling for some players. But the fast-delivery push by Flipkart and Amazon is raising the stakes in an already crowded space where profitability remains under pressure. Flipkart, one of India’s largest e-commerce players entered quick commerce later than local rivals such as Blinkit, Swiggy, and…
Indian e-commerce giant Flipkart has moved its headquarters back to India from Singapore as it prepares for a potential IPO in the coming months. The relocation comes more than a decade after Flipkart moved its headquarters overseas. The company is targeting a stock market debut in India in the financial year ending March 2027, people…
Led by Thrive Capital and Greenoaks, the raise comes less than two months after Stripe unveiled its layer-1 blockchain for stablecoin and real-world payments. Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune. Sequoia Capital, Ribbit…
Super.money, a financial service platform spun off last year by Walmart-owned Flipkart, has quietly partnered with payments infrastructure firm Juspay as it expands into direct-to-consumer (D2C) checkout and targets $100 million in annual revenue by 2026. The partnership comes as Juspay works to rebuild momentum after facing pushback from major payment companies earlier this year…
Walmart wants to take on Amazon Prime Video in the video aggregation space, overhauling its subscription offering with a new benefit called “Video Subscription Choice,” and adding Peacock as a partner. The retail giant on Monday announced its new plan, which includes an extension of its deal with Paramount+, originally signed three years ago. The…
If you purchase an independently reviewed product or service through a link on our website, The Hollywood Reporter may receive an affiliate commission. The creators of Peppa Pig broke some big news last week, and they chose a unique platform to do it on. After first announcing that Mummy Pig was pregnant in February, the…
Flipkart, the Walmart-owned Indian e-commerce startup that closely fights Amazon in the South Asian market, is preparing to shift its headquarters back to India from Singapore as the company prepares to file for an IPO on Indian stock exchanges. On Monday, Flipkart said the move “represents a natural evolution, aligning our holding structure with our…
Find out how to easily set up and manage your Paid Time Off (PTO) details in the GTA Portal with this step-by-step guide. Ensure your time off is correctly logged and tracked for seamless leave management. In the region of modern business management, accomplished handling of employee benefits such as Paid Time Off (PTO) is…
Walmart will acquire the television maker Vizio for $2.3 billion, the retail chain announced Tuesday. The retailer said in a press release that the acquisition of Vizio and its smart TV operating system, SmartCast, will help grow Walmart’s media business by “bringing together VIZIO’s advertising solutions business with Walmart’s reach and capabilities.” “There is a…