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India-based fintech PhonePe has secured USD 100 million of additional funding in the journey to complete an ongoing USD 1 billion financing round.
PhonePe, funding, investment, Walmart, payments
Fintech platform PhonePe has halted its proposed acquisition of India-based Buy Now, Pay Later startup ZestMoney.
PhonePe, acquisition, BNPL, Walmart, fintech
A number of grocery chains including Walmart, Kroger, Sprouts, Amazon and Stop & Shop have announced the closure of several US-based locations throughout 2023.
ecommerce, shopping, merchants, retail, Amazon, Walmart, delivery, online shopping, financial data, fintech, marketplace
India-based Flipkart has considered raising USD 2 to 3 billion at a valuation of more that USD 40 billion to expand its product range in India, according to sources cited by Mint.
Flipkart, Walmart, IPO, funding, acquisition
The US Federal Trade Commission has claimed that Walmart allowed scammers to use its money transfer services for fraud.
Walmart, money transfer, fraud management, remittance