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That’s why Walmart is selling all the things at cheapest rates. By applying this business
strategy, Walmart is now world’s largest company by revenue.
The Indian e-commerce market is booming and Amazon had already taken a larger
portion of e-commerce.
Hence, Walmart doesn’t want to miss the chance to enter the Indian market.
3. No Brand Image
Walmart has no brand image, particularly in India. People in India know only Reliance
market, Big Bazaar and D-Mart and many other stores. For every company, starting
with ‘0’ takes a lot of time to grow.
Flipkart is highly popular in India and by buying it, people start knowing about
Walmart and its global image.
4. PhonePay
PhonePay is subsidiary of Flipkart. It is working on the Indian government verified
unified payments interface(UPI). Walmart can grow an online business by using this
online payment platform.
5. Technology and Talent
As per Wikipedia, Walmart has over 2.3 million employees in the world. According
to QZ, Flipkart has more than 30,000 employees, including 8000 permanent staff.
Indian IT(Information & Technology) students are highly talented compare to any
other country. And by acquiring Flipkart, Walmart can also invent many things from
Flipkart’s employees.