Category Archives: International

The eBay Wrinkle in the Flipkart Deal — Recode.net

Walmart’s proposed deal with Flipkart appears to be moving along, but it turns out that an earlier arrangement between eBay and Flipkart may complicate matters: “So even if Walmart gets control of Flipkart, it may not be able to consummate actual merchandise deals with Flipkart — it seems likely it’ll have to settle this arrangement first. eBay also has the right to take back control of the eBay India brand name should Flipkart get acquired, according to one person familiar...

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Possible Bidding War for India’s Flipkart — CNBC.com

CNBC reports that Amazon may be interested India’s Flipkart, despite a long relationship between the e-commerce company and Walmart: “Flipkart is already in advanced talks with Walmart to sell a majority stake to the U.S. retailer but Amazon has held its own exploratory discussions to buy the company, India’s Mint newspaper said on Wednesday.” P.S. E-commerce is critical to supplier success. Take our E-Commerce course and learn how to sell your products on Walmart.com.

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Walmart Commits to Reduce Emissions by 50 Million Metric Tons in China — Walmart.com

  BEIJING, China – March 29, 2018 – Today Walmart announced a goal to reduce greenhouse gas emissions in its China value chain by 50 million metric tons (MMT) by 2030 – equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. To do this, the company aims to enroll all of its export and domestic suppliers in China, starting with 100 of its top suppliers, into an emissions reduction program. Walmart president and CEO...

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Walmart India Named “Great Place to Work” — BusinessWorld.com

Walmart India has been certified as a “Great Place to Work” by the Great Place To Work Institute: “Speaking about the recognition, Krish Iyer, President & CEO of Walmart India said, ‘“We are very proud to have earned a place in the list of Great Place to Work and most importantly being recognized among Top 10 Best Places to Work in Retail in 2018. This is indeed a huge recognition and validates that culture is our `competitive advantage’. Creating an...

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Walmart Sells Swiss Chocolate — Swissinfo.ch

Walmart is now offering customers high-quality Swiss chocolate: “Whilst the Walmart prices are low, production costs in Switzerland tend to be high. In a statement to the SonntagsZeitung, Coop confirmed that producing the chocolate was indeed relatively expensive but said that their Swiss product ‘targets the high-price segment at Walmart’.” P.S. The Walmart demographic isn’t what it used to be and suppliers are scouring the globe for high-quality products to include in their assortments. Learn more about Direct Imports from...

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Report: Walmart to Acquire Significant Share in Flipkart — Reuters

There’s been significant media buzz lately regarding Walmart increasing its stake in India’s Flipkart. Now Reuters is reporting that Walmart looking at acquiring more than 40 percent of the e-commerce company’s shares: “In what would be one of its biggest overseas deals, the U.S. retailer is looking at buying new and existing shares in Flipkart and due diligence is likely to begin as early as next week, the sources said. They declined to be named as the talks were private.”...

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Report: Amazon India Considers Private Label Initiative — Retail Dive

Reports indicate that Amazon India is considering marketing private label products in hopes of competing with Flipkart: “He didn’t say which categories would get the private brand treatment, LiveMint reports. Flipkart the past year has accelerated its own private-label business, including in large and small appliances, and two unnamed Amazon sources told LiveMint that the American e-commerce giant is mulling competing in that space.” P.S. Private label keeps coming up in media reports. Why? Because consumers are seeking out high-quality, affordable store...

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E-Reader Alliance, Modern Kids’ Furniture, and Layoff News

Walmart Forms Alliance with Rakuten Walmart has launched another strike in its battle with Amazon, partnering with Japan’s Rakuten to enter the e-reader market (in direct competition with Amazon’s Kindle) and provide grocery delivery to Japanese customers. Reuters reports: “It will allow customers to place an order on Rakuten’s online marketplace platform, which will then be fulfilled by the Walmart-Rakuten joint venture. Walmart-Rakuten will open a warehouse to service these orders in addition to using Seiyu stores, the companies said.“ Rakuten is...

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New Tariffs may Affect Consumers, Suppliers

New tariffs on imported washing machines and solar panels will affect both suppliers and consumers: “The tariffs on solar modules and cells start at 30 percent in the first year and gradually go down in subsequent years. For washers, there’s a 20 percent tariff on the first 1.2 million finished washers imported, which jumps to 50 percent for all washers above that number in the same year, according to the Office of the United State Trade Representative. The initial tariff...

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JD.com Updates

News from JD.com, Walmart’s Chinese e-commerce partner: The company recently announced its new French office: “The e-commerce platform added the office was launched a part of “an ambitious agreement” with Business France, the country’s official trade promotion agency, to sell 2 billion euros (2.45 billion U.S. dollars) of French goods to Chinese consumers over the next two years.“ JD.com also announced its consideration of “dual listing” its logistics business on both the mainland and in Hong Kong: “Dual listing refers...

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