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Twitter to Focus on Video, Creator and Commerce Partnerships, Says CEO Yaccarino
Twitter plans to focus on video, creator and commerce partnerships to revitalise the social media company's business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino. The presentation was Yaccarino's first time addressing the company's investors, the source said.
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Walmart CEO Meets PM Modi In Delhi. What They Discussed
Prime Minister Narendra Modi on Sunday said his recent meeting with Walmart CEO Doug McMillon was a fruitful one during which they had insightful discussions on different subjects.
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ONDC Expands Its Operations to 236 Cities, Adds More Than 36,000 Merchants: CEO
The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior company official said on Thursday. The government launched the Open Network for Digital Commerce (ONDC) last year to give small businesses and retailers access to processes and technologie...
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Walmart CEO Expects Exporting Goods Worth $10 Billion From India by 2027
Retail giant Walmart on Wednesday said India's unique ecosystem of suppliers will help the company in achieving its goal of exporting goods worth $10 billion (nearly Rs. 81, 950 crore) from the country annually by 2027. Addressing Indian suppliers and partners, Walmart President and CEO Doug McMillon reaffirmed the roadmap for strengthening partne...
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PhonePe Launches Pincode App for Local Commerce on ONDC Network: All Details
PhonePe on Tuesday announced the launch of Pincode, a new app that will help the Walmart-backed firm make its foray into local commerce. The new Pincode app is built on the government's Open Network for Digital Commerce (ONDC) platform. It will initially be available in Bangalore and will expand to other cities after reaching around 10,000 daily tr...
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Amazon Halts Fresh Stores Expansion; Firm Still Grasping for Success With Supermarkets, CEO Andy Jassy Says
Amazon has halted plans to expand its Fresh supermarkets and cashier-less convenience stores as the company is still grasping for success with supermarkets, CEO Andy Jassy said a in a rare appearance on the company's quarterly results call. Jassy said the firm needs a distinctive store format that's doing well financially before embarking on a majo...
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25,000 Flipkart Employees To Benefit From $700 Million Cash Payout: Report
"We are pleased to announce that employees, who are holders of Flipkart ESOPs (employee stock option plans), will receive a one-time discretionary cash payout as part of the transaction," an email from Kalyan Krishnamurthy, the Flipkart CEO (chief executive officer) read.
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PhonePe Completes Split From Flipkart, Both To Operate Under Walmart
"We are confident PhonePe will continue to scale and achieve its vision of providing financial inclusion to millions of Indians," Flipkart Group CEO Kalyan Krishnamurthy said.
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Swiggy Raises $1.25 Billion in Funding Round Led by SoftBank Following Zomato’s IPO
Swiggy has raised another $1.25 billion (roughly Rs. 9,320 crores) in its latest funding round led by SoftBank. This comes just days after Zomato’s huge IPO drew bids worth $46.3 billion (roughly Rs. 3,45,410 crores) as it was oversubscribed more than 38 times.
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Flipkart, PhonePe Have Room for Other Investors: Walmart CEO Doug McMillon
Walmart's Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways including stock market listings, the US retail giant's CEO said.
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TikTok Parent ByteDance Says App Will Be Its Subsidiary Under Deal With Trump
ByteDance said on Monday that TikTok's global business will become its subsidiary, even as Oracle and Walmart said over the weekend that they and US investors would own the majority of the video app following a deal with US President Donald Trump's administration.
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eBay's New CEO Jamie Iannone to Come From Walmart
Struggling online retail giant eBay named a new top executive on Monday, bringing in the former head of e-commerce at Walmart, Jamie Iannone.
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Walmart Names Sameer Aggarwal CEO Of Best Price
Walmart India also said it was working towards identifying future bottlenecks, if they arise, to ensure supply chains remain intact.
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From 2014 To 2020, Stark Difference As Jeff Bezos Begins India Visit
India's e-commerce market is projected to grow to $150 billion by 2022, according to a 2018 report by software industry group Nasscom and consulting firm PwC India. Competition for this rapidly expanding sector is intensifying as Asia's richest man, Mukesh Ambani, prepares to go live with JioMart, an online shopping platform challenging Amazon and ...
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Walmart Fires 56 India Executives Including 8 From Senior Management
Walmart has laid off 56 of its India executives as it restructures business in the country. Walmart is looking for ways to operate more efficiently, which requires it to review its corporate structure "to ensure that we are organized in the right way", said Krish Iyer, president and CEO of the US-based retail major's India unit. The fired executive...
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Twitter to Focus on Video, Creator and Commerce Partnerships, Says CEO Yaccarino
Twitter plans to focus on video, creator and commerce partnerships to revitalise the social media company's business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino. The presentation was Yaccarino's first time addressing the company's investors, the source said.
-
Walmart CEO Meets PM Modi In Delhi. What They Discussed
Prime Minister Narendra Modi on Sunday said his recent meeting with Walmart CEO Doug McMillon was a fruitful one during which they had insightful discussions on different subjects.
-
ONDC Expands Its Operations to 236 Cities, Adds More Than 36,000 Merchants: CEO
The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior company official said on Thursday. The government launched the Open Network for Digital Commerce (ONDC) last year to give small businesses and retailers access to processes and technologie...
-
Walmart CEO Expects Exporting Goods Worth $10 Billion From India by 2027
Retail giant Walmart on Wednesday said India's unique ecosystem of suppliers will help the company in achieving its goal of exporting goods worth $10 billion (nearly Rs. 81, 950 crore) from the country annually by 2027. Addressing Indian suppliers and partners, Walmart President and CEO Doug McMillon reaffirmed the roadmap for strengthening partne...
-
PhonePe Launches Pincode App for Local Commerce on ONDC Network: All Details
PhonePe on Tuesday announced the launch of Pincode, a new app that will help the Walmart-backed firm make its foray into local commerce. The new Pincode app is built on the government's Open Network for Digital Commerce (ONDC) platform. It will initially be available in Bangalore and will expand to other cities after reaching around 10,000 daily tr...
-
Amazon Halts Fresh Stores Expansion; Firm Still Grasping for Success With Supermarkets, CEO Andy Jassy Says
Amazon has halted plans to expand its Fresh supermarkets and cashier-less convenience stores as the company is still grasping for success with supermarkets, CEO Andy Jassy said a in a rare appearance on the company's quarterly results call. Jassy said the firm needs a distinctive store format that's doing well financially before embarking on a majo...
-
25,000 Flipkart Employees To Benefit From $700 Million Cash Payout: Report
"We are pleased to announce that employees, who are holders of Flipkart ESOPs (employee stock option plans), will receive a one-time discretionary cash payout as part of the transaction," an email from Kalyan Krishnamurthy, the Flipkart CEO (chief executive officer) read.
-
PhonePe Completes Split From Flipkart, Both To Operate Under Walmart
"We are confident PhonePe will continue to scale and achieve its vision of providing financial inclusion to millions of Indians," Flipkart Group CEO Kalyan Krishnamurthy said.
-
Swiggy Raises $1.25 Billion in Funding Round Led by SoftBank Following Zomato’s IPO
Swiggy has raised another $1.25 billion (roughly Rs. 9,320 crores) in its latest funding round led by SoftBank. This comes just days after Zomato’s huge IPO drew bids worth $46.3 billion (roughly Rs. 3,45,410 crores) as it was oversubscribed more than 38 times.
-
Flipkart, PhonePe Have Room for Other Investors: Walmart CEO Doug McMillon
Walmart's Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways including stock market listings, the US retail giant's CEO said.
-
TikTok Parent ByteDance Says App Will Be Its Subsidiary Under Deal With Trump
ByteDance said on Monday that TikTok's global business will become its subsidiary, even as Oracle and Walmart said over the weekend that they and US investors would own the majority of the video app following a deal with US President Donald Trump's administration.
-
eBay's New CEO Jamie Iannone to Come From Walmart
Struggling online retail giant eBay named a new top executive on Monday, bringing in the former head of e-commerce at Walmart, Jamie Iannone.
-
Walmart Names Sameer Aggarwal CEO Of Best Price
Walmart India also said it was working towards identifying future bottlenecks, if they arise, to ensure supply chains remain intact.
-
From 2014 To 2020, Stark Difference As Jeff Bezos Begins India Visit
India's e-commerce market is projected to grow to $150 billion by 2022, according to a 2018 report by software industry group Nasscom and consulting firm PwC India. Competition for this rapidly expanding sector is intensifying as Asia's richest man, Mukesh Ambani, prepares to go live with JioMart, an online shopping platform challenging Amazon and ...
-
Walmart Fires 56 India Executives Including 8 From Senior Management
Walmart has laid off 56 of its India executives as it restructures business in the country. Walmart is looking for ways to operate more efficiently, which requires it to review its corporate structure "to ensure that we are organized in the right way", said Krish Iyer, president and CEO of the US-based retail major's India unit. The fired executive...
