Amazon Tops Walmart In Annual Revenue For First Time
Amazon surpasses Walmart in annual revenue for the first time, reporting USD 716.9 billion versus Walmart’s USD 713.2 billion, as both companies expand AI and digital operations.
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IPO-bound Flipkart Names Jane Duke As Chief Ethics Officer
- by BW Retail World Bureau
- January 16, 2026
Walmart-owned Flipkart appoints Jane Duke as Chief Ethics & Compliance Officer to strengthen governance ahead of its India IPO, while advancing a corporate merger to align its legal domicile with operations.
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Supreme Court Says Tiger Global’s Flipkart Exit Is Taxable
- by BW Retail World Bureau
- January 16, 2026
Supreme Court is due to rule on whether capital gains tax applies to Tiger Global’s 2018 sale of its Flipkart stake to Walmart, a case closely watched by foreign investors for its implications on tax treaty interpretation.
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Fashion & Lifestyle
Myntra Adds 2 Mn New Shoppers During Festive Fashion Sale
- by BW Retail World Bureau
- October 9, 2025
The Big Fashion Festival witnessed strong traction from smaller cities as shoppers leaned towards ethnic, jewellery and luxury categories Walmart-owned fashion retailer Myntra said it added two million new customers during its annual Big Fashion Festival (BFF), with nearly 70 per cent of total orders coming from non-metro cities. Shoppers from Jaipur, Lucknow, Indore, […]
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US Retailer Walmart Asks Chinese Suppliers To Resume Shipments: Report
- by BW Retail World Bureau
- April 29, 2025
The report states that the United States (US) clients will bear the costs of the new import duties
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Walmart Increases Flipkart Stake As Valuation Dips After PhonePe Demerger
- by BW Retail World Bureau
- March 18, 2024
E-commerce marketplace Flipkart, owned by US-based retail giant Walmart, has witnessed a substantial dip in valuation, plummeting by approximately USD 5 billion or around Rs 41,000 crore as of January 2024 compared to its value in January 2022. This decline is revealed through equity transactions executed by Walmart, Flipkart’s parent company. According to Walmart’s restructuring […]
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Flipkart Delivers Best BBD Ever, Drives Walmart’s Q4 International Growth
- by BW Retail World Bureau
- February 21, 2024
Flipkart had its best Big Billion Days (BBD) in 2023, driving Walmart’s foreign sales growth in the fourth quarter of FY24. During the quarter, the US-based retailer’s overseas sales rose 17.6 per cent year on year (YoY) to USD 32.4 billion. In constant currency terms, revenues for the category increased by 13 per cent YoY to USD 31.2 billion. Other […]
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Walmart In Negotiations To Acquire Smart TV Maker Vizio For Over $2 Bn
- by BW Retail World Bureau
- February 15, 2024
Walmart is reportedly in discussions to acquire smart-TV manufacturer Vizio for over USD 2 billion, potentially securing more than a fifth of the U.S. television market and strengthening its advertising business. The proposed offer is almost 30 per cent higher than Vizio’s market cap of USD 1.54 billion on Monday. Walmart aims to leverage Vizio’s […]
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Trident Profit Dives 25% Despite Festive Season Sales Boost
- by BW Retail World Bureau
- February 8, 2024
Indian textiles firm Trident reported a nearly 25 per cent drop in its third-quarter profit, hurt by a rise in expenses, even as consumers bought more home linen during the festive season. Trident, which counts cotton as its principal raw material, reported a 16 per cent increase in overall expenses for the quarter that ended 31 December with raw […]
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Walmart To Build Or Convert 150-plus Stores Over Next 5 years
- by BW Retail World Bureau
- February 2, 2024
Walmart on Wednesday said that it wants to build or convert more than 150 shops over the next five years, as well as refurbish existing ones. Walmart said in 2016 that it was halting new store openings and instead investing in online activities, technology, and shop remodels to compete with Amazon. A company spokesman stated that the […]