Walmart Labs India, announced it will hire key tech teams from Artificial Intelligence and data analytics startup Int.ai. In September, Walmart bought micro-app startup Appsfly, integrating the latter’s six-member team with its customer experience engineering group. Both companies were acquired for their talent rather than revenue or products or IP....
Walmart to Work with Small Farmers in India
Speaking to the media on the sidelines of State of Maharashtra’s Agribusiness and Rural Transformation (SMART) event, Krish Iyer, president and CEO, India operations, said that Walmart will focus on tier-2 cities since they offer the company a good opportunity to service the kirana or small family-run stores, as also...
Small Grocery Stores in India Digitize
With the grocery business in India being dominated by big names such as Flipkart, Walmart, Amazon and Grofers, as well as supermarket chains, smaller family-owned kirana stores are finding ways to stay relevant in this sector. The biggest advantage the kirana's have is proximity to the customer as well as...
Walmart Considers Sourcing Goods Outside of China
Walmart has instructed vendors that supply the company beauty products to look beyond China for sourcing. The list of Chinese goods that could have additional tariffs levied includes lipstick, eye makeup, powders, shampoo and other hair care products. Walmart asked suppliers if they have facilities outside of China, and if...
Walmart Backs India's Case for U.S. Duty Benefits
Bentonville, Arkansas-headquartered retail major Walmart, is supporting India on a trade measure against the country by the Trump administration. In a submission to the U.S. government, which the Economic Times has seen, the company urged continuation of low or zero duty benefits for $5.6 billion-worth Indian exports to the U.S....
eBay to Relaunch India Operations
After selling a minority stake in Flipkart Internet to Walmart for about $1.1 billion, San Jose, CA-based eBay Inc., plans to relaunch its own operations in India. eBay ended its "current strategic relationship" with Flipkart including unwinding commercial agreements with the company and terminating Flipkart's license to use the eBay.in...