Monday, June 1, 2020

Flipkart to re-apply for food retail license in India

Walmart Inc’s Indian e-commerce unit Flipkart said it would re-apply for a food retail license in India after reports said its earlier proposal was rejected by the government last week. https://ift.tt/2AvqoOl
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JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (Bloomberg)

Bloomberg : JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, a...