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Corporate
Walmart laying off hundreds of employees to prepare for future needs of customers
Industry
China-linked Temu becomes most downloaded shopping app in the US
Markets
PhonePe raises $350 mn at $12-bn valuation
Billionaires adding $2.7 billion a day globally
Walmart, Flipkart join hands with NSIC to help MSMEs
Flipkart wholesale arm records revenue at Rs 51,176 crore in FY22
$40-bn valuation for Flipkart on $3-bn fund mobilisation
Walmart reportedly raising up to $3 bn for Flipkart to expand India biz
Technology
PhonePe sees 138% growth in revenues, spends Rs 866 crore on marketing
Walmart lays off 200 corporate employees amid rising inflation
US sues Walmart for facilitating money transfer scams worth $197 mn
Economy
PhonePe gearing up for IPO this year
