Flipkart’s 13-minute delivery really impressive, says Walmart Inc president and CEO John Furner

Walmart Inc President and CEO John Furner has praised Flipkart’s rapid delivery capabilities, calling its 13-minute delivery service “really impressive” and highlighting the pace of innovation at the Indian e-commerce giant, in which Walmart holds a majority stake.

Walmart acquired a 77 per cent controlling stake in Flipkart in 2018 in a USD 16 billion deal. Its shareholding has since increased to over 80 per cent.