Payments News

Global

Looks Like Walmart’s Investment in Flipkart Is Beginning to Pay Off

“In India, Flipkart and Myntra, two Walmart-owned e-commerce companies, together picked more online activity than rival Amazon. In the last quarter of 2019, these firms together clocked 1.7 billion app sessions compared to under a billion for Jeff Bezos’s company, data show. “Through these two entities, Walmart is beating Amazon in India with mobile app sessions,” Massachusetts-based app intelligence firm Apptopia said in its Q4 2019 shopping report.”