The Indian market opens its doors

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According to eMarketer , the total revenue of the e-commerce market worldwide in 2018 is $32 billion , with a forecast increase to $50 billion in 2020 and $70 billion in 2022.

Walmart's investment in the purchase of 77% of Flipkart is therefore very significant - the rest is still divided between Tencent, Tiger Global and Microsoft. Previously, this part was acquired by Walmart and was owned by SoftBank.

The goal of this acquisition is to invest in India's digital journey, bahamas phone data so that the e-commerce market grows four times faster than the retail industry and Walmart becomes a partner of one of the major Indian companies leading the digital transformation of retail.

In addition, the hypermarket can integrate more of the Indian know-how and technologies that stand out when it comes to innovation.

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Walmart invests in Brazil
Brazil is also in the spotlight for Walmart executives.

According to InfoMoney , Walmart will invest R$1.5 billion by 2020 to reinvent stores in Brazil.

The idea is to improve the Brazilian consumer experience, reducing time spent at ATMs by installing a self-service system that can be accessed in 3 languages: Portuguese, Spanish and English.

At these ATMs, customers will be able to perform functions without the need for an employee to assist them, such as using the barcode reader and payment screen, choosing to pay with a debit card, credit card, food vouchers or gift cards.

Walmart's investment is a novelty for the Brazilian retail market, as the company has never fully integrated its operations in Brazil, mainly due to logistical and tax issues.