Flipkart Minutes, launched in August 2024, has rapidly grown to deliver about 1.1 to 1.2 million orders daily, closing in on Swiggy Instamart's 1.4 million orders. Flipkart expanded its micro-fulfillment centers from 340 to over 1,000 in a year, improving delivery speed to 11 minutes. The service benefits from Flipkart's large existing customer base, with 65-70% repeat buyers and rising order frequency. This growth reflects the increasing importance of quick commerce in India, as Amazon and other rivals also expand their instant delivery services to capture consumer demand for faster shopping experiences.
The state of California alleges that Amazon is involved in a price-fixing scheme that coerces wholesale vendors to increase prices at competing retailers such as Target, Walmart, Chewy, and Best Buy. Evidence includes email exchanges between Amazon v...
Walmart's effort to automate warehouses with robots faces challenges as the machines struggle to handle heavy items like turkeys and dog food, and cannot manage the long-used cardboard boxes designed for human workers. To address this, Walmart plans ...
Walmart and JPMorgan Chase are nearly tied in market value, with less than $4 billion separating them. Walmart was valued at $877.15 billion and JPMorgan at $880.98 billion as of October 8, 2026. The companies operate in very different sectors—retail...
Jefferies found that about one-third of tested US websites block Meta's AI agent Muse, which aims to perform agentic commerce by browsing and buying online for consumers. This blocking delays Meta's potential revenue from transaction fees, as many si...
Costco reported strong fiscal 2026 results with $303.15 billion revenue and $20.76 EPS, beating estimates for five quarters straight. Despite tariff pressures and margin challenges, the stock is rated a buy with a 10.88% upside to $1,034.74, supporte...
