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News & Analysis

Report: Walmart Likely to Announce Flipkart Deal Before End of Week

Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, say sources.

News & Analysis

Report: Walmart Likely to Announce Flipkart Deal Before End of Week

Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, say sources.


News & Analysis

Report: Amazon Offers to Buy 60 Percent Stake in Flipkart

The bid is likely to be on par with Walmart Inc's bid for the Indian e-commerce company, CNBC-TV18 reported, citing sources.

News & Analysis

Report: Amazon Offers to Buy 60 Percent Stake in Flipkart

The bid is likely to be on par with Walmart Inc's bid for the Indian e-commerce company, CNBC-TV18 reported, citing sources.


Financial Markets

Amazon's Quarterly Profit More Than Doubles

The company has been notorious for running on a low-profit margin. Yet its big bets on new services and entry into new industries have reaped shareholders rewards over the past decade.

Financial Markets

Amazon's Quarterly Profit More Than Doubles

The company has been notorious for running on a low-profit margin. Yet its big bets on new services and entry into new industries have reaped shareholders rewards over the past decade.


News & Analysis

Amazon Expects Strong Revenue Growth

Revenue in the first quarter is estimated to reach $49.9 billion, up 40 percent from a year earlier, boosted by the Whole Foods acquisition.

News & Analysis

Amazon Expects Strong Revenue Growth

Revenue in the first quarter is estimated to reach $49.9 billion, up 40 percent from a year earlier, boosted by the Whole Foods acquisition.


News & Analysis

Amazon Has More Than 100 Million Prime Subscribers

It marks the first time Amazon has revealed subscriber numbers behind the programme, which started 13 years ago and gives customers free, unlimited two-day shipping and other perks.

News & Analysis

Amazon Has More Than 100 Million Prime Subscribers

It marks the first time Amazon has revealed subscriber numbers behind the programme, which started 13 years ago and gives customers free, unlimited two-day shipping and other perks.


Technology

Bits & Bytes | The RealReal Hunts for Funding, Robots to Replace Humans in Retail

This week, the luxury resale company wants to raise $100 million in funding, while JD.com's Richard Liu says AI will take over retail.

Technology

Bits & Bytes | The RealReal Hunts for Funding, Robots to Replace Humans in Retail

This week, the luxury resale company wants to raise $100 million in funding, while JD.com's Richard Liu says AI will take over retail.


Global Markets

Walmart Favoured Over Amazon to Buy India's Flipkart

Walmart is likely to reach a deal by the end of June in what could be the US retail giant's biggest acquisition of an online business, according to sources.

Global Markets

Walmart Favoured Over Amazon to Buy India's Flipkart

Walmart is likely to reach a deal by the end of June in what could be the US retail giant's biggest acquisition of an online business, according to sources.


Technology

Walmart Completes Due Diligence for Buying Into Flipkart, Sources Say

The US retail giant looks to take a controlling stake of 51 percent or more in the Indian company, as it seeks to overtake rival Amazon in e-commerce battle.

Technology

Walmart Completes Due Diligence for Buying Into Flipkart, Sources Say

The US retail giant looks to take a controlling stake of 51 percent or more in the Indian company, as it seeks to overtake rival Amazon in e-commerce battle.


News & Analysis

Amazon May Rival Walmart Effort for Flipkart Control

Amazon has held early exploratory discussions to buy Flipkart, but sources said a deal with Walmart is more likely to go through.

News & Analysis

Amazon May Rival Walmart Effort for Flipkart Control

Amazon has held early exploratory discussions to buy Flipkart, but sources said a deal with Walmart is more likely to go through.


Technology

Bits & Bytes | EBay Fashion's Repositioning, Beauty Apps for Skincare

This week, eBay Fashion aims to compete against Amazon with a new campaign, while beauty companies are investing in apps to tap into the Gen-Z consumer.

Technology

Bits & Bytes | EBay Fashion's Repositioning, Beauty Apps for Skincare

This week, eBay Fashion aims to compete against Amazon with a new campaign, while beauty companies are investing in apps to tap into the Gen-Z consumer.