Walmart to extend online wholesale platform reach

Walmart India said on Saturday it will extend online wholesale platform to its members in Guntur and Vijayawada in Andhra Pradesh from October 1.

The US-retail giant at present operates B2B e-commerce platform in two cities-Hyderabad and Lucknow-in the country.

"Starting October 1, members of Best Price wholesale stores in Guntur and Vijayawada can shop and book orders online," the company said in a statement.

The e-commerce platform will provide the same range of products as its wholesale stores, including a select variety of fresh fruits and vegetables, it added.

"Given the tremendous support from our members for this initiative, we will continue to extend this (e-commerce portal) in a phased manner to our other stores as well," Walmart India President and Chief Executive Officer Krish Iyer said.

The platform, www.bestprice wholesale.co.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 U.S. retail giant operates 20 wholesale stores under the brand 'Best Price' in India.