Online Retailer

Amazon touches $1 trillion on rapid growth in retail, cloud computing; on pace to overtake Apple

If the online retailer’s shares keep up their recent pace, it would be a matter of when, not if, Amazon’s stock market valuation eclipses that of iPhone maker Apple, which reached $1 trillion on 2 August.

Walmart, hitherto slow to react overseas, attempts international turnaround with UK, India M&A

Sales from Walmart International, which runs about 6,300 stores, stood at $118.07 billion in the fiscal year ended 2018, down some 14 percent from 2014.

Whole Foods market employees fear layoffs, loss of corporate culture after Amazon acquisition

Some employees of the Whole Foods market expressed fears ranging from layoffs to the loss of their laid-back corporate culture after the merger with Amazon.

Snapdeal's townhall meetings: Founders calm employees fear, seek to turn profitable sooner

Snapdeal expects to turn profitable in two years and is eyeing a market listing around the same time

Amazon India sees grocery and household service as growth driver

With the expansion of Amazon Pantry for grocery and household service to 29 cities, the retailer was looking at expansion in smaller cities too.

China online unit of Wal-Mart to be sold to JD.com for a 5 percent stake

Wal-Mart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer JD.com Inc for a 5 percent equity stake in JD.com, a strategic alliance that aims to expand WalMart's reach in China to more customers.

Amazon to set up warehouse centre in Hyderabad

Online retail giant Amazon will set up a warehouse centre in Hyderabad and start operations from a leased facility in about two months before its own facility is constructed.

Best Diwali gift ever, tweets Kunal Bahl post SoftBank's investment in Snapdeal

Founder and CEO of Snapdeal Kunal Bahl is clearly very excited after Japan's SoftBank Corp decided to invest $627 million in the online retailer.

No more warranties? Consumer goods companies talk of boycotting Flipkart post Big Billion Day

Those who had bought consumer goods from Flipkart may also be in for a rude shock as these firms are considering whether they should give the warranty benefits to for the products sold on the site.<br />

Flipkart acquires online fashion retailer Myntra for Rs 2,000 crore