New Delhi: E-commerce major Flipkart's 13-minute delivery services is "really impressive", said Walmart Inc President and CEO John Furner, lauding the rapid pace of innovation and delivery execution by its Indian unit, in which it owns a controlling stake.
Walmart acquired a 77 per cent controlling stake in Flipkart in 2018, in a USD 16 billion deal. Its shareholding now stands at over 80 per cent.
"... the speed at which people are delivering, they are innovating, they are delivering product is impressive. Having deliveries in International, and Flipkart in particular, at 13 minutes is really impressive," said Furner in the Q1 FY 2027 earnings call.
Also Read : As competition hots up, consumer brands step up Q-Comm spends for better screen presence
Walmart's fiscal year runs from February 1 to January 31.
Total revenue of Walmart in the first quarter grew 7.3 per cent to USD 177.8 billion.
"In India, Flipkart now operates more than 800 micro fulfilment centres used for fast delivery, something we call Flipkart Minutes, and they are delivering items in less than 13 minutes on average," Furner said.
He was on India visit earlier this month where he met Prime Minister Narendra Modi and had said Walmart will continue its investment in Flipkart ane PhonePe.
Also Read : Nykaa shares rally 4%, hit 52-week high after Q4. Here's what Goldman Sachs, Morgan Stanley are saying
"The team delivered strong sales growth for the quarter... our supply chain is one of the best parts of my job, whether that is in the US or places like China and India, where I got to spend time recently," he said.
Running an omnichannel business through great stores and clubs requires the best technology and people that embrace innovation, he said.
While delivery from Sam's Club in the US grew over 90 per cent, Walmart's China business delivered more than half a billion units in the first quarter, with nearly 75 per cent reaching customers in under one hour.
Walmart Executive Vice President and Chief Financial Officer John David Rainey said e-commerce growth in China exceeded 30 per cent, supported by the company's cloud network enabling deliveries within minutes.
"Flipkart delivered orders in less than 13 minutes on average across more than 30 cities in India," Rainey said, underlining Walmart's focus on strengthening quick-commerce capabilities in key international markets.
During the quarter, the operating income of its international business was USD 1.6 billion, up 23.9 per cent.
This operating income growth was driven by China and Flipkart. In the division, e-commerce sales was up 27 per cent, led by store-fulfilled pickup and delivery and marketplace.
In Q1 FY 2027 (January 31, 2026 - April 30, 2026), Walmart International's "advertising business grew 32 per cent, driven by continued momentum at Flipkart," it said.
Subsequently, it has raised its shareholding and now owns over 80 per cent stake in the Bengaluru-headquartered e-commerce major.
