Tag: walmart

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Walmart hits $1 trillion market value, joins club dominated by Big Tech giants

Walmart became the first retailer ever to hit $1 trillion in market valuation on Tuesday, riding on a year-long rally that has seen...

IPO-bound PhonePe’s April-September revenue up 22%, losses expand

Walmart-owned payments company PhonePe, which has filed an updated draft prospectus for its upcoming IPO, reported a 22% increase in revenue for April-September...

Walmart tries to shed a stodgy vibe to battle digital-native rivals

"There are no cash registers in the home office." It's a mantra at Walmart and a reminder that every dollar earned comes from...