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The Economic Times
The Economic Times

Flipkart’s 13-minute delivery draws praise from Walmart Inc President and CEO John Furner

Flipkart John Furner Walmart Walmart Inc International India John David Rainey United States China e-commerce

New Delhi: E-commerce major Flipkart's 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 per cent controlling stake in Flipkart in 2018, in a USD 16 billion deal. Its shareholding now stands at over 80 per cent.

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