Ahmedabad-based e-commerce marketplace Infibeam Avenues is said to have divested its wholly-owned subsidiary Infinium (India) Ltd (IIL) to Ingenius...
E-commerce
Amazon and Flipkart join forces to battle Indian Government’s new e-commerce policies
The two largest players in India’s e-commerce sector – Flipkart and Amazon have allegedly put aside their differences and joined forces...
No more exclusivity for e-commerce brands as Indian Govt. revamps e-commerce rules to aid offline retailers
The Indian Government on Wednesday revamped its e-commerce norms in an attempt to bring a much-needed respite to offline retailer and brands, and...
Dutch Food Delivery giant Takeaway.com acquires rival Delivery Hero for €930 million
The battle for supremacy in German food delivery space had a clear outcome today when Dutch food delivery giant Takeaway.com bought out its archrival...
Alibaba to open its first European trade hub in Belgium
Continuing its aggressive expansionist drive in the western part of the world, Alibaba has today announced opening up of a new trade hub in Belgium...
China’s Geek+ raises record $150 million in a Series B, led by Warburg Pincus
e-Commerce is undisputedly one of the fastest growing sectors at the moment. And this has opened up tremendous opportunities for application of...
Alibaba Singles’ Day crosses $30Bn in GMV, but growth slows
Alibaba’s Single’s Day are pretty grand events. This year, the company has opened up its event to buyers across the globe, and the...
Flipkart eyes fresh capital, separate fund-raise for payments arm PhonePe
Flipkart, the e-commerce giant which gave Indian startup ecosystem is biggest exit story till date, is now eyeing fresh capital raise, report Mint...
40% of Snapdeal’s sellers halt services over pending dues
Adding water to its drowning ship, 40% of Snapdeal sellers have severed ties with the e-commerce marketplace. These 2,000 online merchants...
Morgan Stanley slashes down Flipkart’s valuation to $5.37Bn
Morgan Stanley, Flipkart’s most significant investor, has marked down its stake in the Indian e-commerce behemoth for the fifth time in a row...
Amazon to spend a massive $1.49 billion to setup Prime Air cargo hub outside Cincinnati
Moving ahead with the plans of air delivery via Amazon Prime Air, the ecommerce behemoth has now cemented plans, to deploy as much as $1.49 billion...
Walmart is taking on Amazon Prime with its new, subscription-free 2-day shipping for $35+ orders
Walmart, the America-based retail giant unveils its all new shipping tactic scraping off competition from its arch-nemesis, Amazon Prime. Starting...
Amazon wants to welcome rival e-retailers to sell products through its mobile app
Amazon wants to grab off any lying opportunity even if it means embracing the competitors. The company now plans to welcome rival retailers onto its...
Axis Bank launches ‘Axis Bank Buzz Credit Card’ in partnership with Flipkart to offer year round discounts
Axis Bank, one of the leading banks of the country, has today launched its Axis Ban Buzz Credit Card which will offer increased rewards and exclusive...
Flipkart Big Billion Days 2016 take off, hit the ground running
Flipkart’s annual shopping fest has kicked off to a great start. In fact, great might just become an understatement before the event concludes...
Alibaba to ramp up B2B presence, strengthen reseller platform in India
Alibaba, China’s gigantic business entity, is making a move to increase its presence in the Indian sub-continent. The company is partnering...
Paytm to invest Rs 1,000 crore to bolster its e-commerce business
After recently spinning out its e-commerce business as a separate platform, Paytm is now planning to put in around INR 800-1,000 crore in the...
Flipkart is handing out awards to the best of India’s gaming community!
Are you an avid gamer? Is gaming your passion? Well, Flipkart has announced the Flipkart Gaming Awards for India’s gaming community. They...
Alibaba will invest more and expand further in the ASEAN region : Jack Ma
Chinese e-commerce behemoth Alibaba group is eyeing expansion into the Association of Southeast Asian Nations (ASEAN) region and will invest more...
Snapdeal secures $21 million from Clouse SA as part of ongoing funding round at existing valuation
Funding for Indian e-commerce companies has mostly remained a lacklustre affair this year. While Flipkart has struggled to hold its foot amidst...
A year after launch, Flipkart’s ‘Growth Capital’ initiative for sellers crosses Rs. 125 crore milestone
Let me ask you this — What is the most important asset for an Indian online retail marketplaces? Well, it’s probably the third-party...