Posted inEmerging Tech & Futurism
Walmart-backed PhonePe shelves IPO as global tensions rattle markets
PhonePe, India’s biggest digital payments platform, has put its IPO plans on hold, citing geopolitical tensions and a…
Posted inEmerging Tech & Futurism
Walmart agrees to $100M settlement over deceptive pay practices in Spark Driver program
Walmart has agreed to pay $100 million to settle a lawsuit from the Federal Trade Commission (FTC) over…
Posted inEmerging Tech & Futurism
Tiger Global loses India tax case tied to Walmart-Flipkart deal in blow to offshore playbook
India’s top court has ruled against Tiger Global in a tax case stemming from its Flipkart exit during…
Posted inEmerging Tech & Futurism
Wing to expand drone delivery to another 150 Walmart stores
Wing, the Alphabet-owned company that delivers groceries, over-the-counter medicine, and hot lattes, is expanding its partnership with Walmart…
Posted inEmerging Tech & Futurism
Walmart-backed PhonePe winds down its Pincode app in yet another e-commerce step back
In its latest retreat from India’s crowded online retail market, Walmart-backed fintech giant PhonePe has wound down its…
Posted inEmerging Tech & Futurism
ChatGPT referrals to retailers’ apps increased 28% year-over-year, says report
New data shows ChatGPT’s growing influence as a referrer to e-commerce websites, as well as how small its…