Walmart announces joint strategic investment in India
Walmart (sales of US$514.4 billion in the year to January 2019) announced in December a joint strategic investment in Ninjacart, a B2B fresh produce supply chain company, along with its Indian e-commerce arm Flipkart. Ninjacart uses algorithms, Big Data and mobile applications to power a ‘just-in-time’ supply chain. This connects farmers to retailers via a network of 200 collection centres and 1,200 warehouses across India.
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