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Benzinga
Benzinga
Business
Navdeep Yadav

Walmart-Owned Indian E-tailer Flipkart Looking Into Metaverse, Web3 Foray

Flipkart Walmart metaverse India NYSE Walmart Inc blockchain e-commerce United States

American retail giant Walmart Inc.'s (NYSE:WMT) Indian e-commerce arm Flipkart has launched an in-house innovation unit called 'Flipkart Labs' to explore ways to expand into the Metaverse and Web3. 

What Happened: The company said its innovation lab would enable Flipkart to test new Web3 and Metaverse use-cases with real-world applications, including NFT-related use cases, virtual storefronts and other blockchain-related functions.

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