Flipkart, the Indian online retailer backed by Walmart, is looking for further investment to expand its operation in the country. Up to $3 billion needed to compete Reports suggest Flipkart is looking to raise between $2 billion to $3 billion to expand its product range and compete with market leaders. Its non-grocery offer makes it the second largest online retailer in India after Amazon, ...

Our latest research reveals that Walmart’s revenue is set to reach almost $750 bn by 2027. Between 2021 and 2027 it is expected to grow by 4.7% on a CAGR basis, reaching $747.6 bn. $180 bn growth opportunity Our new report Strategic outlook for Walmart , reveals that Walmart’s growth will be led by its operations in the USA, India and Mexico. Over recent years the retailer has recast i...

Despite a solid sales performance in the first quarter, against tough comparables, Walmart saw a sharp hit on profitability due to higher costs. We look at the impact on its performance and its updated outlook for the year. Walmart's Q1 key numbers Walmart's total revenue in Q1 increased by 2.4% to $141.6bn, representing an additional $3.3bn Sales in its US stores increased by 4.0%, w...