Walmart to extend reach of its online wholesale platform

Walmart India on Monday extended the reach of its online wholesale platform to its members in Rajahmundry in Andhra Pradesh.

At present, the US-based retail giant operates B2B e-commerce platform in four cities -- Lucknow, Hyderabad, Guntur and Vijayawada -- in the country.

"Walmart India today launched the B2B e-commerce platform for all its members of Best Price Modern Wholesale store in Rajahmundry," the company said.

With the launch in Rajahmundry, Walmart India successfully extends e-commerce to all the Best Price stores in Andhra Pradesh, it added.

"We have received an overwhelming response from our members in Lucknow, Hyderabad, Guntur and Vijayawada and we are certain that members in Rajahmundry too would benefit significantly," Walmart India President and chief executive officer Krish Iyer said.

The platform, www.bestprice.in, is for registered members of Best Price Modern Wholesale stores.

At present, Walmart is engaged in cash-and-carry business in India. It called off a six-year partnership with Bharti Enterprises in October last year.

The US retail giant operates 20 wholesale stores under the brand 'Best Price' in India.