Adding water to its drowning ship, 40% of Snapdeal sellers have severed ties with the e-commerce marketplace. These 2,000 online merchants...
E-commerce
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...
Flipkart’s Bansal duo outlines deeper insights into company strategy in a town hall
Candid admissions are a rare occurrence in the corporate world. And as you move higher up in the hierarchy, the executives as a rule, are more...
Amazon introduces Automated Returns under its Easy Ship plan to handle returns and refunds for sellers
Amazon is leaving no stone unturned to strengthen its position in India. After attracting Indian customers through its superior customer service and...
Alibaba, with a significant stake in Paytm, now looks to acquire Shopclues
The Chinese eCommerce giant — Alibaba, which is planning to enter the Indian eCommerce market next year, is reportedly eyeing to acquire...
Amazon launches “Featured on Product Hunt” as part of its Launchpad store
If you’re an avid online shopper, you’ll have noticed a new bar on the top of the Amazon homepage. The ribbon reads “Featured on...
Online lingerie brand Buttercups secures pre-Series A funding for expanding product range
Buying intimate wear has traditionally been a challenge for Indian women. However, with the use of technology, a number of startups are solving this...
Flipkart sets up a new office in Silicon Valley
Last year saw a trend of sorts, with new-age Indian brands roping in highly qualified professionals from the valley. The year also saw folks like...
For a pleasant turn around, Valic marks up Flipkart’s valuation by 10 per cent
After facing multiple rounds of series markdowns and flushed top managements, Flipkart seems to be getting back on its feet. Last week, Fidelity had...
GoJavas planning to restructure business model and trim down workforce, says report
GoJavas, which has temporarily suspended its operations, is planning for a major overhaul of its business. According to a report in ET, the firm is...