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 $ 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. 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 $ 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.