E-COMMERCE IN INDIA is a political and regulatory minefield. US consumer giant Walmart Inc.—which has been waiting to launch the much-anticipated initial public offering of the online marketplace it acquired for $16 billion six years ago—has had its patience tested. It's unlikely to get Flipkart out the door next year; A 2026 IPO may be a more reasonable expectation, with a little diplomatic help from the incoming government in Washington.
The business side of things is not the reason for the delay. Flipkart is the country's largest e-commerce player, ahead of Amazon.com Inc. The homegrown app lacks the consumer-service finesse of its rival, but its sheer reach across a continent-sized geography gives it the heft that took the likes of Unilever Plc a century to build.
Denne historien er fra December 19, 2024-utgaven av Financial Express Bengaluru.
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Denne historien er fra December 19, 2024-utgaven av Financial Express Bengaluru.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Walmart has a tough battle ahead in India
E-COMMERCE IN INDIA is a political and regulatory minefield.
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
RASHWIN STOOD in the corridor outside the press conference room after the third Test ended in a draw.
US announces H-1B visa overhaul, Indian techies to benefit
HOW THE MOVE WILL BENEFIT INDIA
Navy boat hits ferry off Mumbai coast, 13 dead
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Sebi tightens SME IPO rules
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Trump threatens to impose reciprocal tariffs on India
HE MADE THE remarks while responding to a question on a potential trade agreement with China.
Opposition seeks Shah's resignation
PM defends HM; slams Cong & its 'rotten ecosystem'
Enhancing customer journey in the cloud
ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools. The new services are integrated with Oracle's product development teams to help firms maximize the value of their cloud investment. Gary Miller, customer success officer and EVP of Oracle Customer Success Services, speaks to Sudhir Chowdhary on how the initiative helps customers fortify cloud success. Excerpts:
Drones deliver new hope to farmers
Aerial tech enhances farming efficiency, can tackle workforce woes
AI-POWERED GROWTH Moving beyond conventional tech
AI offers a wide range of benefits for SMEs
