FBB retail shop in talks to buy 10% stake in Future Retail

American retail giant is in advanced talks to buy 10 percent stake in India’s Future Retail as part of the strategy to strengthen... online food delivery

Takeaway to buy Just Eat for $10.1 billion

Amsterdam-based is set to buy Just Eat in an 8.2 billion pound or $10.1 billion deal -- to strengthen its presence in the... digital transformation

Amazon sold 175 mn items during Prime Day shopping

Amazon has sold more than 175 million items on its e-commerce platform during this year’s Prime Day shopping event, more than its sales for...
Walmart India

Walmart to invest $1.2 bn in China to upgrade logistics

U.S. retail giant Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics.The company also...
Flipkart India e-commerce

Flipkart to replace 40% of delivery vans with EVs in 2020

Flipkart plans to replace nearly 40 percent of its current fleet of delivery vans with electric vehicles (EVs) by March 2020, Reuters reported.The Bengaluru-based...
Amazon e-commerce product uses machines to automate boxing up orders

Online commerce major has started using machines to automate the job of boxing up customer orders, Reuters reported.The company’s warehouses in the US... music buys robotics start-up Canvas Technology has acquired Canvas Technology, a robotics start-up in Boulder, Colorado, that has built autonomous carts that can move goods around warehouses.The world’s largest...
Paytm digital payment India

Paytm Mall to hire 300 people as part of online-to-offline strategy

Paytm Mall, Paytm’s e-commerce platform, plans to hire 300 people as part of the online-to-offline (O2O) business strategy.The company also said it recently hired...
Flipkart India e-commerce

Flipkart to expand data sciences team

Flipkart has doubled the size of its data sciences team over the last 12 months and is planning to enhance the number further, Business...
Walmart retail store associates

Walmart CTO Jeremy King resigned amid e-commerce push

Walmart chief technology officer Jeremy King has resigned from the retail company, Reuters reported. Jeremy King, who joined the company in 2011, led a revamp...



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