Walmart-Flipkart: Ready to enter the Food and Grocery Sector, Together

Shona Rajoria Posted into Buzz 15 views
August 30, 2018
Walmart-Flipkart: Ready to enter the Food and Grocery Sector, Together
New Delhi: Walmart-Flipkart together is ready to step inside the food sector in Indian Market. Together, they are going to build food and grocery infrastructure in India’s online and offline food retail markets. If the deal is completed, it would give Walmart a major stake in e-commerce market of 1.3 billion people. Selling food items online is in Pune on a pilot basis running by Amazon\'s Amazon’s fully-owned subsidiary Amazon India Retail Pvt Ltd. <br> <br> <h3><strong>Who\'ll sit at the Head of this Table</strong></h3> <br><br> <strong>2007 :</strong> Walmart enters India through a wholesale retailing venture <br><br> <strong>2013 :</strong>US rival Amazon starts its e-commerce marketplace in India <br><br> <strong>2017 :</strong><ul><li>Amazon receives India\'s approval for a 100% subsidiary that is allowed to sell locally produced food through online and offline channels</li> <br> <li>Walmart initiates talks to purchase stakes in Amazon\'s India rival Flipkart </li></ul><br><br> <strong>2018 :</strong> Amazon starts selling food directly to consumers online in Pune on a pilot basis
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Walmart-Flipkart: Ready to enter the Food and Grocery...
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