Latest Updates Around The World
Walmart-backed Indian fintech company PhonePe, the country’s most widely used payments platform, is targeting a valuation between $9 billion and $10.5 billion, two people with direct knowledge of the matter said.That suggests the IPO will raise about $900 million to $1.05 billion. But even at the high end, the deal would mark a cut from […]
The US stock market is trading lower on Thursday after mixed earnings reports from Walmart and other major companies. The country is also feeling pressure from oil prices, which have risen due to renewed concerns about a possible conflict between the United States and Iran.The S&P 500 fell 0.4%, possibly heading for its first loss […]
PhonePe, which has built its scale on the Unified Payments Interface (UPI) with over 657 million registered users, uses payments as a distribution layer rather than a primary source of revenue. | Photo credit: SAMYUKTA LAKSHMI Walmart-backed fintech giant PhonePe is sharpening its financial services operations ahead of its proposed stock market listing as loan […]
Indian textile maker Welspun Living, which exports to global retailers including Walmart and Tesco, posted a slump in quarterly profit on Thursday after a US tariff-induced slowdown in exports put pressure on its margins. Welspun’s consolidated net profit stood at 2.1 million rupees ($23,178.81) for the three-month period ended December 31, down sharply from 1.21 […]
Walmart is now one of the tech bros. The retail giant crossed the $1 trillion market capitalization threshold on Tuesday, joining an exclusive club consisting mainly of companies like Apple, Microsoft and Amazon. Walmart shares are up more than 28% in the past year and more than 14% so far in 2026. The secret of […]
Built to serve one of the Inland Empire’s fastest-growing communities, the new Supercenter offers everyday value, a wide selection and convenient services, while creating new jobs and supporting the community’s continued growth. Key insights: With the opening of Eastvale’s first Walmart Supercenter, Walmart continues its long-term commitment to modernizing retail while expanding access to value, […]
The S&P 500 and the Dow Jones hit record highs on Monday, with shares of technology companies and retailer Walmart rising and investors largely brushing aside concerns about the Justice Department’s criminal investigation into Federal Reserve Chairman Jerome Powell. Shares of Walmart rose 3%, boosting the S&P 500 and the Nasdaq, where the retail giant […]
Extensive range, fast delivery and great prices combine with the power of Gemini to unlock wonderful shopping journeys Today Walmart Inc. shares and Google plan to launch a new experience that combines the intelligence of Google’s Gemini with the unparalleled selection, value and convenience of Walmart and Sam’s Club, to make shopping more intuitive, reliable […]
Walmart starts the New Year by making healthcare easier and more affordable with the launch of Better healthcare services . This all-in-one digital destination is designed to empower millions of customers to take control of their health journey with ease, transparency and confidence. “We know that when health care is tough, many people don’t get […]
Through BLACK ENTERPRISE editors December 25, 2025 The presence of these high-profile figures brought a palpable energy to the Decatur location. In a surprising effort to brighten the holidays for local residents, actor Skyh Black, television personality Kelli Ferrell and producer Two Lewis transformed a Decatur Walmart into a “festive donation center” Tuesday night. The […]
