Page 44 - Flipkart

Binny Bansal sells Flipkart shares worth Rs 530 crore to Walmart

The current sale is estimated to have reduced Bansal's holding from 3.85 per cent to 3.52 per cent

Flipkart's Binny Bansal sells Rs 531 cr-worth stake to Walmart: Report

The latest sell-off, however, is not Binny Bansal's first monetisation of his equity holding in 12-year-old Flipkart

Flipkart and GOQii settle dispute over discounting, strike friendly note

GOQii, a seller of smartwatch-type health devices, sued Flipkart last month in a Mumbai court.

Flipkart revises commissions and shipping fee to attract smaller sellers

Flipkart reducing its seller commissions and shipping fee come at a time when Amazon is stepping up its investment in India

Flipkart puts focus back on private labels, launches in-house sports brand

Adrenex will have sports gear, gym accessories and fitness products

Flipkart rejigs fashion arm Myntra, brings Jabong employees into its fold

Move aimed at creating unified workforce to enhance efficiency; Jabong as a platform to continue to operate

Guess who is FB's biggest political advertiser after BJP? It's Flipkart

The e-commerce player spent nearly Rs 18 lakh on public service advertisements on the importance of voting

Walmart International chief impressed with Flipkart's innovations

McKenna visited India for an internal business trip between April 30 and May 3 to assess the progress made by Flipkart since acquisition of the company last May for $16 billion

Flipkart in talks to buy Indian grocery chain Namdhari's Fresh: Report

Both companies had held talks, one source familiar with the matter told Reuters

Flipkart may invest Rs 5,000 cr in logistics parks, generate 50,000 jobs

These investments are expected to give an edge to Flipkart

Flipkart launches 2nd data centre in Hyderabad to strengthen e-commerce biz

Flipkart had built its own data centre infrastructure much earlier, to store and manage the enormous data that gets generated from online sales, involving customers and sellers

Flipkart amping up its tech with next 100 million users in mind

E-commerce firm is targeting its next 100 million users by boning up its search function and giving even more focused product recommendations

Flipkart CEO Kalyan Krishnamurthy turns active in Indian start-up space

Since 2016, former Tiger Global's Kalyan Krishnamurthy has invested in seven start-ups; more in the offing

After Moglix, Flipkart CEO Kalyan Krishnamurthy bets big on UrbanClap

Krishnamurthy, a former Tiger Global top executive, will also act as an advisor to UrbanClap, a source with direct knowledge of the development said

Building robust search engine for users at top of the Flipkart's agenda

Instead of functioning as one department, the company is embedding the data scientists into various engineering units who are report in to the engineering leaders of those respective units

Flipkart India's most preferred workplace; Amazon, Oyo come next: LinkedIn

Walmart-owned Flipkart is the most preferred workplace in India, followed by Amazon and Oyo in the second and third places, respectively, according to a list compiled by professional social media network LinkedIn. Internet companies dominate the top 10 spots in LinkedIn's fourth edition of the '2019 Top Companies' list for India. IT giant Tata Consultancy Services (TCS) made its debut at the seventh place, new entrants and homegrown internet and consumer services companies Swiggy and Zomato were ranked sixth and eighth, respectively. Uber, another new entrant, took the fifth spot, while, One97 Communications was at the fourth rank and Oil and Energy conglomerate Reliance Industries was at the 10th place. Others on the list include consulting firm Boston Consulting Group (BCG) at 13th, Yes Bank (14), IBM (15), Daimler AG (16), Freshworks (17), Accenture (18), Ola (19), ICICI Bank (20), PwC India (21), KPMG India (22), Larsen & Toubro (23), Oracle (24), and Qualcomm (25). "This ...

Flipkart will negatively impact profits in FY20 as well, says Walmart

The Arkansas-based firm, which competes with US rival Amazon, posted $514 billion in revenue for FY19 compared to $500 billion in the previous financial year, growth of 2.8 per cent

Flipkart launches fund to support early-stage start-ups: CFO Emily McNeal

The objective of the Flipkart's fund is to build the ecosystem with world-class founders and ideas

Robots at Flipkart sort out 5k parcels per hour, compared to 450 by humans

Flipkart said it is introducing India's first robot-based sortation technology at its sortation centre on Soukya Road in the city's outskirts

Flipkart CEO makes first solo investment in B2B e-commerce firm Moglix

Kalyan Krishnamurthy joins other notable investors such as Ratan Tata, former Oracle CFO Jeff Epstein, and former top Twitter VP Vikrampati Singhania, among others