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Phonepe was acquired by Flipkart in 2016. Later In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart. So, why need another UPI app?

Can Tiny Walmart survive against the big guys? 🤔 This was the headline in a newspaper in July, 1962. But now, who's the big guy? 💪 (P.S: What do you think made Walmart what it is today?)

World's Top Companies by Revenue: Walmart - $648.1B Amazon - $574.8B State Grid$ - 545.9B Saudi Aramco - $494.9B Sinopec Group - $429.7B China National Petroleum - $421.7B Apple - $383.3B UnitedHealth Group - $371.6B Berkshire Hathaway - $364.5B CVS

SHOPPING WARS 💪🚀 Walmart Takes Amazon Battle Into New Virtual Spaces • Walmart launches Walmart Realm, a gamified marketplace with influencer-led virtual shops. • The virtual shops offer fashion and beauty goods in 2-dimensional virtual environm

It’ll be Beautiful :) Better service, experience and distribution, reach and volume to many extents, as walmart should help w their strategy.

Flipkart purchased Myntra in 2014. Flipkart purchased Jabong via Myntra in 2016. Walmart purchase Flipkart in 2018. Flipkart killed Jabong in 2020. Is it fair to purchase a company just to kill it? _S

Tech this week : One quick thing: SoftBank Vision Funds slip back in the red In today’s newsletter: Zomato delivers profit for 4 quarters in a row Meesho's Walmart connections GoPool wants to eat Uber-Ola's lunch

In 2024, Flipkart raised $350 million from Google as part of a funding round led by Walmart, bringing the total for this round to approximately $950 million. This investment aims to enhance Flipkart's digital infrastructure and expand its grocery bus

Walmart owned UPI payment giant PhonePe to enter Indian share market soon! Currently very basic proccess of IPO (Initial public offering) works are going on from PhonePe side. When PhonePe gets complete approval from SEBI, They share their complete

Which is the Indian made app store? PhonePe, owned by Walmart Inc., launches Indus Appstore, a new Android-based mobile application store in India to compete with Google's Play Store. The store offers over 200,000 apps and games in 12 Indian language