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Walmart Inc. (/ ˈ w ɔː l m ɑːr t / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. [11]
Bharti Wal-Mart Private Limited was a 50:50 joint venture between Bharti Retail (a subsidiary of Bharti Enterprises) and Walmart that operated a chain of wholesale cash-and-carry retail stores in India. The two companies announced that they had signed an agreement to establish the company on 5 August 2007.
Walmart Global Tech develops and manages the foundational technologies on which Walmart Inc.'s customer experiences are built, including cloud, data, enterprise architecture, DevOps, infrastructure and security. The tech organization powers Walmart Inc. and its business units, including Walmart U.S., Sam's Club and Walmart International. It is ...
This page was last edited on 30 November 2024, at 00:38 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. [5] [6] It was founded in December 2015, [7] [2] by Sameer Nigam, Rahul Chari and Burzin Engineer. [8]
In 2018, Bansal exited Flipkart following the Walmart deal. [6] In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. [7] In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion. [7]
Flipkart, having originated in Bengaluru, acquired several other e-commerce companies like Myntra, and was eventually acquired by Walmart in 2018 for close to $20 Billion. Startup companies such as Swiggy, Ola Cabs, InMobi, Quikr, and RedBus are also based in the city. Bengaluru is a favorable destination for industrial development. [10]
VR Bengaluru, [2] is a mixed-use retail development in India, situated in Whitefield, Bangalore.Its gross floor area is 600,000 square feet (56,000 m 2). [1] [3] In addition to the retail arcade, the compound hosts a hotel, a multiplex with the largest Gold Class [4] in India along with an IMAX, [5] commercial spaces and customisable collaborative working spaces for start-ups and entrepreneurs.
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