Tag: Walmart
PhonePe secures additional $100m funding at $12bn valuation
Indian fintech platform PhonePe has secured an additional $100 million in funding at a $12 billion valuation, as part of the company’s target to raise ... Read More
Walmart to acquire robotic e-grocery fulfillment company Alert Innovation
American multinational retailer Walmart has signed an agreement to acquire e-grocery fulfillment automation solutions provider Alert Innovation for an undisclosed price. Specializing in robotic e-grocery ... Read More
Walmart to build high-tech fulfillment center in McCordsville, Indiana
Walmart revealed plans to construct four new high-tech fulfillment centers, of which one will be located in McCordsville, Indiana. According to the US retailing giant, ... Read More
Massmart to sell non-core food assets to rival Shoprite Checkers for $89m
Walmart-owned Massmart has agreed to sell its non-core food assets to rival South African retailer Shoprite Checkers for ZAR 1.360 billion ($89.2 million). The sale ... Read More
Headwaters II Wind Farm : EDPR commissions 198MW wind project in Indiana
EDP Renewables (EDPR) has commissioned the 198MW Headwaters II Wind Farm in Randolph County, Indiana. The Spain-based renewable energy company owns the wind farm through ... Read More
Flipkart funding round : Indian e-commerce giant raises $3.6bn at $37.6bn valuation
Indian e-commerce giant Flipkart has raised $3.6 billion from a new funding round to take its valuation to $37.6 billion. The new funding round of ... Read More
ChromaDex launches NAD+ booster Tru Niagen across Walmart stores in US
ChromaDex, a California-based dietary supplement and food ingredient company, has launched Tru Niagen, its flagship consumer product, in 3,800 Walmart stores across the US. Tru ... Read More
Walmart Health to acquire multi-specialty telehealth provider MeMD
Walmart Health, the primary care unit of retailing giant Walmart, has agreed to acquire multi-specialty telehealth provider MeMD for an undisclosed price. Founded by Dr. ... Read More
Walmart Canada to build $45.5m distribution center in Moncton
Walmart Canada said that it is constructing a distribution center in Moncton, New Brunswick, its first in the Atlantic Canada region, with an investment of ... Read More
Carrefour to acquire Brazilian food retailer Grupo BIG Brasil for €1.1bn
Grupo Carrefour Brasil, a subsidiary of French supermarket chain Carrefour, has agreed to acquire Grupo BIG Brasil, a Brazilian food retailer, from Advent International and ... Read More