Category Archives: International

Flipkart Wholesale Launches in India — Walmart.com

Walmart is merging its interests in India, resulting in the creation of Flipkart Wholesale: “The Flipkart Group, India’s homegrown e-commerce group, today announced the launch of Flipkart Wholesale, a new digital marketplace that will help transform India’s retail ecosystem by leveraging cutting-edge and locally developed extensive leadership in the consumer e-commerce segment and technology for the country’s mom-and-pop “kirana” grocery stores and other small retailers. As part of this launch, the Group also announced the acquisition of 100% interest in...

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Walmart Renews Asda Sale Talks — CNBC.com

Walmart is resuming talks with potential buyers of its stake in Asda: “Walmart, the world’s biggest retailer, has restarted talks with potential buyers of a stake in its British supermarket arm Asda, a Walmart spokesman said on Monday.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its international division. Are you interested in selling your products in other countries? Our experts can help. Contact us today to schedule an appointment.

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Walmart Increases Flipkart Investment — ChainStoreAge.com

Walmart has increased its investment in Flipkart, an Indian e-commerce company: “The retailer led a new $1.2 billion financing round in the Flipkart Group, the largest e-commerce player in India. In August 2018, Walmart completed its $16 billion investment in Flipkart, making it the company’s majority owner with a 77% share.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its international division. Are you interested in selling your products in other countries? Our...

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Walmart China Uses Barcode Tech to Improve Food Safety — AdWeek.com

Walmart China is using a new barcode technology that can detect temperature fluctuations in its food safety protocols: “Walmart China has teamed up with Varcode to provide the retailer with a digital technology that allows it to track the freshness of perishable foods by scanning a barcode using a mobile app.” P.S. Walmart is committed to tech innovation, particularly when it improves food safety. Need help understanding it all? Our experts can help. Contact us today.

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Walmart Mexico Launches Mobile Phone Service — RCRWireless.com

Walmex has launched a mobile phone service that provides connectivity to those living in rural areas: “According to Walmex, the new service was created to help connect those living in rural areas, and that shoppers at its stores would receive additional ‘megas’ of data usage. The service is in line with the country’s President Andres Manuel Lopez Obrador’s push to expand rural coverage options during his administration.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive...

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China’s Manufacturing Expanded in May — CNBC.com

Chinese manufacturing unexpectedly expanded in May: “A private survey showed manufacturing activity in China expanded for the month of May. The Caixin/Markit Manufacturing Purchasing Manager’s Index came in at 50.7 for May. Analysts polled by Reuters had expected the PMI number to come in at 49.6 compared to the April reading of 49.4. PMI readings above 50 indicate expansion, while those below that level signal contraction.” P.S. Manufacturing is ramping up in China, which could mean more product moving along...

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Flipkart & Walmart Team Up to Provide COVID-19 Relief — Walmart.com

Walmart and Flipkart are teaming up in India to provide PPE to medical workers: “Walmart Inc. and Flipkart will spend INR 383 million to bring in-kind donations into India to help with the front-line response efforts. The companies will focus on providing PPE, such as N95 masks and medical gowns, for distribution by non-government organizations (NGOs) to public healthcare workers. Walmart and Flipkart have already secured 300,000 N95 masks and 1 million medical gowns, and they will continue to leverage...

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Walmart.ca Now Accepts PayPal Payments — Walmart.ca

Shoppers on Walmart Canada’s e-commerce site now have the option of using PayPal to complete purchases: “PayPal is now available as a new payment option on Walmart.ca as more Canadians shop online for groceries and essentials than ever before, according to new research. A survey commissioned by PayPal in early April shows that 30 per cent of Canadians are shopping online for groceries. This marks a 58 per cent jump from a comparable survey conducted just four weeks earlier, before...

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Walmart Delays Asda Sale — CNBC

The demand for groceries during the COVID-19 pandemic, and the need to concentrate on urgent business,  has led Walmart to pause its efforts to sell a majority stake in Asda: “Walmart has paused efforts to sell a majority stake in U.K grocer Asda, so it can direct full attention to managing the business as the coronavirus pandemic creates massive spikes in demand for groceries.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its...

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Report: Walmart Moving Forward with Asda Sale — Bloomberg.com

Bloomberg reports that Walmart is planning to go forward with selling Asda: “Walmart Inc. is proceeding with the planned sale of U.K. supermarket chain Asda after attracting initial bids from three buyout firms, even as tightening credit threatens to hamper debt-fueled dealmaking, people familiar with the matter said.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its international division. Are you interested in selling your products in other countries? Our experts can help....

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