Walmart International CEO: Rapid Commerce Powers 20% of India’s Ecommerce Sector


Walmart says quick commerce now forms 20% of its India ecommerce via Flipkart, which is rapidly scaling Flipkart Minutes with 800 stores planned. Backed by recent capital infusions, Walmart prioritizes growth over short-term profits. Meanwhile, Myntra received $125M funding and launched Myntra Global, aiming to serve the Indian diaspora with hyper-personalized fashion and beauty offerings.

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