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CHINA > US based Walmart and China based JD.com are set to invest $500 million in Chinese online grocery delivery company Dada-JD Daojia

US based Walmart and China based JD.com are set to invest $500 million in Chinese online grocery delivery company Dada-JD Daojia, the company formed through the merger between JD Daojia and Dada Nexus. JD Daojia is JD.com’s online to offline business while Dada Nexus is a large crowd sourcing delivery platform in China which has […]

INDIA > USA based Walmart is set to buy Indian’s leading online retailer Flipkart for $16 billion for a controlling stake of 77%

By:admin
Categories:Ecommerce
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To access a market Walmart has been trying  for years, USA based Walmart  is set to invest $16 billion to acquire a controlling stake of 77% in Indian online retailer Flipkart. Walmart had been restricted by local regulations to operate wholesale outlets in India. According to Walmart CEO Doug McMillon: “India is one of the […]

INDIA > Walmart Shows Interest in India’s Food Processing Sector following FDI Policy Liberalization

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Categories:Retail
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  According to  Food Processing Secretary in India, US-based Walmart is keen to invest in India’s Food Processing Sector. Currently, Walmart is present in the country in cash-and-carry retail format. Cash-and-carry retail stores differ from regular stores such that cash-and-carry customers are retailers and professional buyers and not end customers. ...