Thursday, March 28

Tag: All India Online Vendors Association

Flipkart CEO confirms sellers about no change in operating processes
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Flipkart CEO confirms sellers about no change in operating processes

While the world hasn't got over with mega e-commerce acquisition of leading giants, Flipkart CEO Kalyan Krishnamurthy has reached out to sellers on its platform reassuring that there will be no changes in the operating process of Bengaluru based firm post $16 billion acquisition deal with US retail major Walmart. Krishnamurthy has said that the company will continue to focus on making sellers succeed adopting the "same vigour as in recent years". Flipkart and Walmart will maintain distinct brands and operating structures post the investment, the CEO said while reinforcing that Flipkart will continue to remain a marketplace where sellers from around the country can connect with customers. The Bentonville, Arkansas-based retail mammoth Walmart Inc took the world to storm after it of...