Sources: Walmart-backed PhonePe targets a $9B to $10.5B valuation in its Indian IPO; PhonePe raised $600M from General Atlantic at a $14.5B valuation in October
Amazon dethrones Walmart as the world's largest company by revenue, reporting $717B in 2025 sales, compared to Walmart's $713.2B for the 12 months to January 31
Amazon dethrones Walmart as the world's largest company by revenue, reporting $717B in 2025 sales, compared to Walmart's $713.2B for the 12 months to January 31
Amazon.com Inc. has officially dethroned Walmart Inc. as the biggest global company by revenue, a milestone attesting …
Walmart hits a $1T market cap in intraday trading after a stock surge fueled in part by enthusiasm for its e-commerce growth and automation and AI investments
Retailer joins a select group of mostly tech companies with a 13-figure valuation — Retail behemoth Walmart hit a market capitalization …
Indian e-commerce platform Meesho is set to launch an India IPO, seeking to raise $606M, targeting a post-issue valuation of ~$5.60B
Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers …
Walmart's PhonePe raised $600M from General Atlantic at a $14.5B valuation, as the Indian digital payments and financial services company prepares for an IPO
The Economic Times :
Indian digital payments giant PhonePe confidentially files for an IPO in India, seeking to raise $1.5B, sources say at a valuation of $15B
PhonePe, supported by Walmart, has confidentially filed its DRHP with SEBI. The digital payments platform reduced its net loss by 13.4% to Rs 1,727.4 crore …
A look at drone delivery startup Zipline, which has raised $500M+, made 1.4M+ deliveries in seven countries, and delivers packages for Walmart in two US cities
Christopher Mims / Wall Street Journal : LinkedIn: Costa Samaras , Danielle Meister Lurie , and Christopher Mims LinkedIn: Costa Samaras : I led a multi-year research project where we built and flew ...
Amazon surpassed Walmart in quarterly sales for the first time during the most recent quarter, with revenue of $187.8B compared to Walmart's $180.5B
Annie Palmer / CNBC :
In its first annual report, Walmart's PhonePe reports FY 2024 revenue grew 74% YoY to ~$602M, net losses down 28% YoY to ~$237M, and 200M MAUs as of March 2024
Sidhartha Shukla / Bloomberg :