Ecommerce major Flipkarts 13-minute delivery services is really impressive, said Walmart Inc President and CEO John Furner, lauding the rapid pace of innovation and delivery execution by its Indian unit, in which it owns a controlling stake.Walmart acquired a 77% controlling stake in Flipkart in 2018, in a $16 billion deal. Its shareholding now stands at over 80%. the speed at which people are delivering, they are innovating, they are delivering product is impressive. Having deliveries in International, and Flipkart in particular, at 13 minutes is really impressive, said Furner in the Q1 FY 2027 earnings call.Walmarts fiscal year runs from February 1 to January 31.Total revenue of Walmart in the first quarter grew 7.3% to $177.8 billion.In India, Flipkart now…
India Business and Economic Context
India’s economy continues to show strong growth momentum, consistently ranking among the fastest-growing major economies globally. With a young and growing working-age population, increasing digital penetration across rural and urban India, and an ambitious government infrastructure programme, the business landscape offers significant opportunities alongside competitive challenges.
For entrepreneurs, farmers, and small business owners, staying informed about economic and business developments helps in planning operations, managing costs, identifying opportunities, and navigating risks. WiseSeva aggregates and contextualises the most relevant business news from trusted Indian publications to keep you informed efficiently.
Key Points at a Glance
- Originally reported by leading Indian financial media
- Relevant for entrepreneurs, MSMEs, investors, and business professionals
Useful Resources for Indian Readers
Stay updated with daily business intelligence from WiseSeva — covering market prices, government schemes, funding news, and economic analysis relevant to Indian entrepreneurs, farmers, and households. Bookmark wiseseva.in/business for daily updates.
Source & Further Reading
This news report was originally published by YourStory on Fri, 22 May 2026.
📰 Read the full original story: yourstory.com — Full Article ↗
Editorial Note: WiseSeva curates and contextualises business and economic news from trusted Indian media sources including Economic Times, Mint, Business Standard, PIB, YourStory, and Inc42. Our editorial team reviews and adds context to help Indian entrepreneurs, farmers, MSMEs, job seekers, and households make informed decisions. The original reporting credit belongs to the source publication linked above.
