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Walmart to acquire virtual fitting room company Zeekit

News | Ecommerce | 14 May 2021

Walmart has announced that it will acquire virtual fitting room startup Zeekit as it makes a push into fashion and caters to customers shopping for clothes online.

Walmart, acquisition, online shopping, ecommerce

Walmart to host a new livestream shopping event on TikTok

News | Ecommerce | 10 Mar 2021

Walmart has announced it will return to TikTok to host another livestream shopping event, which will allow viewers to shop the featured products directly in the TikTok app by tapping on product 'pins'.

Walmart, social commerce, online shopping, ecommerce

Walmart drops USD 35 order requirement for its delivery service

News | Ecommerce | 02 Mar 2021

Walmart has revealed it is dropping its USD 35 minimum order requirement to qualify for its Express two-hour delivery service. 

Walmart, ecommerce, product upgrade, subscription payments

Walmart announces USD 14 bln in investments to boost its ecommerce capabilities

News | Ecommerce | 22 Feb 2021

Walmart has announced plans to invest USD 14 billion to become 'the primary destination for customers'.

Walmart, investment, funding, ecommerce, online payments, retail, merchants

Western Union money transfer services soon available at Walmart

News | Online Payments | 20 Jan 2021

Walmart and Western Union have announced a new agreement that will enable Western Union money transfer services at Walmart locations across the US. 

Walmart, Western Union, money transfer, cross-border payments, commerce, online payments

Walmart, HomeValet to partner for fresh grocery deliveries

News | Ecommerce | 13 Jan 2021

Walmart has revealed that it will partner with smart-box company HomeValet to facilitate deliveries of perishable groceries.

Walmart, pilot, smart boxes, grocery delivery, online ordering, partnership, ecommerce

Walmart launches fintech, via Robinhood, Credit Karma, and Affirm backer

News | Payments General | 12 Jan 2021

Walmart (WMT), a large US-based retailer, has launched a financial technology (fintech) startup in partnership with venture capital firm Ribbit Capital, a backer of Robinhood, Credit Karma, and Affirm.

Ribbit Capital, Robinhood, Credit Karma, Affirm, fintech, payments, Walmart, US, WMT, retailer

Walmart reveals Carrier Pickup by FedEx service

News | Online Payments | 22 Dec 2020

Walmart has announced that customers can return items purchased online – shipped and sold by Walmart.com – without having to leave home. 

Walmart, product launch, carrier pickup service, customer returns, QR code, online payments, Carrier Pickup by FedEx

Walmart teams up with TikTok to sell while livestreaming

News | Ecommerce | 21 Dec 2020

Walmart has announced its  partnership with the Chinese-owned video-sharing app TikTok to sell items seen on a livestream by creators featuring the retailer’s fashion merchandise.

Walmart, partnership, TikTok, livestreaming, ecommerce, online shopping, fashion, retail

PhonePe raises USD 700 mln as it becomes a separate entity

News | Mobile Payments | 03 Dec 2020

PhonePe has secured USD 700 million in a new financing round and is 'partially' spinning off into a separate unit.

PhonePe, funding round, investment, financing round, Walmart, Flipkart, mobile payments, India, Google Pay, UPI, PhonePe Switch

EshopWedrop, iDenfy partner to help customers get verified

News | Digital Identity, Security & Online Fraud | 17 Nov 2020

Low-cost international parcel delivery company EshopWedrop has partnered with iDenfy to enable its consumers to get verified.

EshopWedrop, iDenfy, identity verification, retailers, Europe, Asia, USA, Walmart, Sports Direct, eBay, cross-border online shopping, onboarding experience

Walmart sells majority stake in retailer Seiyu to KKR and Rakuten

News | Ecommerce | 16 Nov 2020

US-based retailer Walmart has announced it is selling most of Japan-based retailer Seiyu to KKR and Rakuten in a deal that values the supermarket chain at USD 1.6 billion.

Walmart, Rakuten, KKR, Seiyu, Japan, US, acquisition, ecommerce, retail, AEON, Tesco, Carrefour, big retail, big merchant, marketplace, Asia, APAC

Walmart, Flipkart make additional investment in Ninjacart

News | Ecommerce | 13 Oct 2020

Walmart and Flipkart have announced a fresh round of investment in Ninjacart, the supply chain platform that connects farmers of fresh vegetables and fruits with kiranas and businesses.

Walmart, Flipkart, investment, Ninjacart, kiranas, India, retailers, COVID-19, delivery, Supermart, Flipkart Quick, e-grocery

GoDaddy allows users to sell and set up shops through Instagram and Facebook integration

News | Ecommerce | 06 Oct 2020

GoDaddy has announced it allows users to sell products and set up shops on Instagram and Facebook, as well as create shoppable posts, sync products, and integrate with Instagram Checkout.

GoDaddy, Instagram, Facebook, shoppable posts, Instagram Checkout, Amazon, Etsy, eBay, Walmart, Jet.com, ecommerce, online store

Walmart sells Asda to UK-based businessmen in GBP 6.8 bln deal

News | Ecommerce | 06 Oct 2020

Walmart has announced a deal to sell supermarket retailer Asda to UK-based businessmen, the Issa brothers.

Walmart, deal, retailer, Asda, UK, Issa brothers, ecommerce, acquisition, COVID-19

Tencent invests USD 63 mln into Flipkart amid China row

News | Ecommerce | 18 Sep 2020

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

News | Cards | 17 Sep 2020

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

News | Online Payments | 07 Sep 2020

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

News | Ecommerce | 02 Sep 2020

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

News | Ecommerce | 01 Sep 2020

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