All articles tagged with #flipkart
Google is investing $350 million in Indian e-commerce giant Flipkart, as part of a $1 billion funding round led by Walmart. This investment includes cloud offerings from Google and values Flipkart at $36 billion. Flipkart, which commands 48% of the Indian e-commerce market, competes with Reliance Retail, Amazon, and others. The Indian e-commerce market is projected to be worth $133 billion by next year.
Amazon's Great Indian Festival 2023 sale page has gone live, following rival Flipkart's The Big Billion Days Sale 2023 page. The start and end dates for the sale are yet to be announced, but there are speculations that it will begin on October 10. Amazon Prime members will have early access to deals, starting from 12 am on October 9. The sale will offer discounts on smartphones, laptops, headphones, Smart TVs, Alexa-powered devices, Fire TV, and Kindle. State Bank of India (SBI) credit and debit cardholders will also receive an instant 10% discount.
Walmart has increased its stake in Indian e-commerce company Flipkart, highlighting the growing interest of U.S. companies in the Indian market. This move comes as India's retail sector experiences significant growth and attracts foreign investments.
Walmart has paid $1.4 billion to acquire Tiger Global's remaining stake in Indian e-commerce startup Flipkart, further expanding its investment in the company. Tiger Global, which had previously cashed out most of its Flipkart shares, made a gain of $3.5 billion on its initial investment of $1.2 billion. Walmart, which already held a 72% stake in Flipkart, purchased a 4% stake from Tiger Global. Flipkart, valued at $35 billion in the recent secondary shares sale, is expected to seek additional funding in the near future.
Walmart has paid $1.4 billion to increase its stake in Flipkart, an Indian e-commerce company, as part of its ongoing investment in the company.
Pre-orders for the Nothing Phone (2) will begin on June 29 on Flipkart, ahead of its launch in India on July 11. Customers who pre-book the device will receive exclusive offers, including a 50% discount on the Nothing Ear (stick) and accessories package, and instant cashback with leading banks. The smartphone is expected to feature a 6.7-inch Full HD+ AMOLED display, Snapdragon 8+ Gen 1 chipset, up to 12GB of RAM, and a 4,700mAh battery with fast charging. It will receive three years of Android updates and four years of security updates.
The Galaxy F54 5G is now available for purchase in India from Flipkart, after a pre-order period of a couple of weeks. The phone is priced at INR 29,999 ($365) and comes in two color options and one memory configuration. The Galaxy F54 5G has good battery life, a decent main camera, and good performance enabled by the Exynos 1380 SoC. However, it lacks a 3.5mm headphone jack and dust and water resistance. It is an excellent all-around mid-range phone for a price lower than the Galaxy A54.