Walmart - Asia Tech Wire

Walmart

2024.09.18

06:49

JD.com buys Walmart's stake in Dada

Asia Tech Wire (Sep 18) -- Chinese delivery firm Dada Nexus disclosed on Monday that JD.com has completed the purchase of 87,481,280 ordinary shares and 1,875,000 American depositary shares (ADSs) in Dada held by a Walmart subsidiary.

2024.09.11

09:19

Walmart names new Sam's Club China COO

Asia Tech Wire (Sep 11) -- Walmart China recently completed a management change by replacing the COO of Sam's Club China, according to Chinese media outlet 36Kr.

2022.04.08

07:24

Walmart's Flipkart plans US IPO in 2023

Asian Tech Press (Apr. 8) -- Walmart's Indian e-commerce company Flipkart plans a U.S. IPO in 2023, according to Reuters.

2022.01.17

07:35

Walmart prepares to enter the metaverse

Asian Tech Press (Jan 17) -- Walmart Inc. is reportedly trying to enter the metaverse sector with plans to create its own cryptocurrency and NFTs.

2021.08.09

07:47

India's top court upholds antitrust probe into Amazon, Walmart's Flipkart

NEW DELHI, Aug 9 (Reuters) - India's Supreme Court ruled on Monday that antitrust investigations into business practices of Amazon.com Inc and Walmart's Flipkart must continue, in a setback for the two e-commerce giants who had urged the court to put them on hold.

2021.08.05

04:43

Walmart's Flipkart and its founders may face a $1.35 billion fine

According to three people familiar with the matter and a government agency, India's Financial Crimes Agency has reportedly asked Walmart-owned Flipkart and its founders to explain why they should not face a $1.35 billion penalty for allegedly violating foreign investment laws official.

2021.07.19

03:34

Walmart's Flipkart requests Indian antitrust probe should treat it unlike Amazon

Asian Tech Press -- Walmart's Flipkart has requested to be treated in an antitrust probe in India unlike Amazon, according to Reuters.

2021.07.12

08:54

Walmart's Flipkart closes funding at $37.6 billion valuation

Walmart's Indian e-commerce company Flipkart has raised $3.6 billion in a new round of funding, closing its latest round at a valuation of about $37.6 billion.

2021.06.28

06:28

Indian commerce minister criticizes U.S. e-commerce giants for arrogance and flouting local laws

2021.06.17

04:35

India to accelerate antitrust probe against Amazon, Flipkart

India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc's Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said.

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