Wal-Mart to extend online wholesale platform reach

Wal-Mart India on Saturday said it will extendonline 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,” Wal-Mart 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, Wal-Mart 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.