INDIA: Wal-Mart expands e-commerce operations
Retail giant Wal-Mart is expanding its technology centre in India and has hired a former Oracle executive to head up the operations.
A spokesperson for Wal-Mart told just-style the group is building an internet technology company as an extension of its @WalmartLabs India, set up in Bangalore in 2012. The move forms part of Wal-Mart's global push to strengthen its e-commerce business.
K Jaya Kumar will also be joining as vice president and managing director for Wal-Mart Global Technology Services (GTS), India. He joins with over two decades of experience in the hi-tech space with companies such as Ariba, Walt Disney, Oracle and Wipro Infotech.
"The team we've been building includes some of the best technolgists in the world," the spokesperson said. "We've hired nearly 1,000 people in Silicon Valley in the past 12 months, and we've made 13 acquisitions over the past three years."
To accommodate Wal-Mart's growing team and the growth of its e-commerce business, it is expanding to a building next door, an additional 50,000 sq ft facility. The Touchstone building will accommodate 350 associates and is expected be ready next month, though a move-in date has not yet been decided.
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