Articles with tag: walmart

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Tencent invests USD 63 mln into Flipkart amid China row

18 Sep 2020 | Ecommerce

China-based technology conglomerate Tencent has invested nearly USD 63 million in Flipkart, according to regulatory filings of the holding company in Singapore.

Tencent, investment, Flipkart, Walmart, funding, foreign direct investment, FDI, PUBG Mobile Lite, WeChat Reading, WeChat Work, Tencent Weiyun, Alibaba Group, Paytm, Bigbasket, India

Chase Freedom Flex now available with Walmart and PayPal

17 Sep 2020 | Cards

Chase has launched its Freedom Flex and upgraded Freedom Unlimited credit cards.

Chase, Freedom Flex, Freedom Unlimited, credit cards, cardholders, cash back, Walmart, PayPal, merchants, Chase Ultimate Rewards, Lyft, Boxed, Shoprunner, Priceless Experiences, cards

Walmart joins the Paymentus Instant Payment Network

07 Sep 2020 | Online Payments

Walmart and Paymentus have partnered to modernise how bills are paid in Walmart stores and in the Walmart app. 

Walmart, Paymentus, bill payments, bill presentment, digital wallet, mobile payments, point-of-sale, AI, Paymentus Instant Payment Network, PayPal, Amazon

Walmart sells Shoes.com and Bare Necessities

02 Sep 2020 | Ecommerce

Walmart has made deals to sell off two of its digital brands, Shoes.com and Bare Necessities

Walmart, digital brands, Shoes.com, Bare Necessities, CriticalPoint Capital, Delta Galil Industries, ecommerce, retailers, COVID-19, online shopping

Flipkart launches B2B marketplace for kiranas and small sellers

01 Sep 2020 | Ecommerce

Walmart-owned Flipkart has launched operations of its B2B marketplace for kiranas and small sellers, called Flipkart Wholesale.

Walmart, Flipkart, launch, B2B, marketplace, kiranas, Flipkart Wholesale, Delhi, Gurugram, Bengaluru, Flipkart Wholesale’s Easy Credit, repayment behaviour, ecommerce

Walmart Introduces Walmart+ membership program in the US

01 Sep 2020 | Ecommerce

US-based retailer Walmart has announced the launch of a membership program that brings together in-store and online benefits named Walmart+.

Walmart, Walmart+, membership ecommerce program, membership programme, ecommerce, retail chain, United States, loyalty program, free delivery, fuel discount, next day delivery, online shopping

Liketoknow.it to drive video shopping

28 Aug 2020 | Ecommerce

Influencer-driven shopping app Liketoknow.it has announced plans of expanding into video shopping.

Liketoknow.it, video shopping, retailers, Walmart, Target, Nike, Lululemon, Net-a-Porter, Chanel, Gucci, Saint Laurent

Apple to open an online store in India starting from September 2020

27 Aug 2020 | Ecommerce

Apple has reportedly planned to open an online store in India starting from September 2020.

Apple, launch, online store, India, ecommerce, Amazon, Walmart, Flipkart

PhonePe to go public as a separate entity by 2023

24 Aug 2020 | Mobile Payments

Walmart-owned digital payments platform PhonePe has been reportedly working to go public by 2023 as a separate entity in the US or India, reporting a valuation of USD 7 to USD 10 billion.

PhonePe, Walmart, US, India, MDR, UPI, initial public offering, Google Pay, the National Payments Corporation of India, NPCI, recurring payments

Target, Walmart, Best Buy partner to fight counterfeiters on online marketplaces

17 Aug 2020 | Digital Identity, Security & Online Fraud

Target, Walmart, and Best Buy have initiated a coalition to fight counterfeiters on online marketplaces such as Amazon and eBay.

Target, Walmart, Best Buy, coalition, counterfeiters, online marketplaces, Amazon, eBay, Buy Safe America Coalition, retail, third-party sellers, fake goods, fraudulent products, ecommerce, coronavirus, INFORM Consumers Act, scam

Walmart, Instacart partner to offer same-day grocery delivery

12 Aug 2020 | Ecommerce

Walmart has partnered with US-based grocery delivery and pick-up service company Instacart to provide a same-day grocery delivery service for their consumers.

Walmart, Instacart, same-day delivery, California, Oklahoma, Albertsons, Aldi, Costco, Kroger, Target, Wegmans, CVS, Sam’s Club, Whole Foods, Amazon Fresh, Prime Pantry

Walmart delays the launch of its subscription service Walmart+ again

06 Aug 2020 | Ecommerce

Walmart has delayed the debut of Walmart+, its subscription service yet again, and it’s unclear if the company has a new date in mind.

Walmart, Walmart+, subscription service, COVID-19, Amazon Prime, Delivery Unlimited, same-day deliveries

Flipkart buys Walmart's Indian wholesale

24 Jul 2020 | Ecommerce

Walmart has announced it was selling its warehouse club-style Best Price Modern Wholesale business to the Flipkart Group.

Walmart, India, ecommerce, Flipkart, digital marketplace, supply-chain

Walmart Canada to invest USD 2.6 bln in ecommerce and distribution

21 Jul 2020 | Ecommerce

Walmart Canada has announced plans to spend USD 2.58 billion over the next five years to tie together physical and digital shopping, while facilitating distribution and fulfilment.

Walmart, Canada, ecommerce, digital shopping, omnichannel retail experience, tap to pay, elf-checkout, Check Out With Me, mobile payments, Walmart Pickup, fulfilment, AI, machine learning

Walmart leads USD 1.2 bln financing round in Flipkart

15 Jul 2020 | Ecommerce

Walmart has increased its majority-stake in Flipkart by leading a USD 1.2 billion financing round.

Walmart, financing round, Flipkart, ecommerce, marketplace, India, JioMart

Walmart plans to launch an Amazon Prime-like subscription plan

09 Jul 2020 | Ecommerce

Walmart has planned to roll out a subscription service in July 2020 to expand its ecommerce efforts and compete with Amazon’s Prime programme.

Walmart, Amazon Prime, Amazon, subscription plan, ecommerce, Walmart+, grocery delivery, coronavirus

Even secures PayPal investment to develop financial health products

22 Jun 2020 | Payments General

PayPal Ventures, Valar Ventures, and Founders Fund have announced a new round of strategic investment in US-based fintech Even.

Even, Paypal, Valar Ventures, Founders Fund, US, fintech, investment, banking systems, payroll systems, on demand pay, Instapay, budgeting, savings tool, cash flow, Walmart

Walmart, Shopify partner to boost their ecommerce offerings

16 Jun 2020 | Ecommerce

Walmart has partnered with Canada-based ecommerce company Shopify to expand its product catalogues, and enable Shopify to sell on its marketplace.

Walmart, Shopify, ecommerce, US, Facebook, Shops, merchants, Walmart Seller Account

Walmart's Sam's Club rolls out curbside pickup nationwide

11 Jun 2020 | Ecommerce

Walmart’s warehouse club chain Sam’s Club has launched curbside pickup, bringing the service to all its 597 clubs across the US.

Walmart, Sam’s Club, ecommerce, US, curbside pickup, same-day pickup, online shoppers, mobile app, checkout, Pick up in Club, online pickup orders

Walmart MoneyCard to roll out new features

27 May 2020 | Cards

Walmart and US-based financial technology and bank holding company Green Dot have announced updated features for the Walmart MoneyCard reloadable debit card programme.

Walmart, US, Walmart MoneyCard, Green Dot Bank, accountholders, cards, free cash deposits, direct deposit, cash back rewords, EMV chip, savings account