B2B e-commerce major Moglix acquires Singapore fintech ‘NuPhi’, enters EXIM financing space

One of India’s rare success stories in the massively difficult B2B ecommerce…

Nykaa makes strong stock market debut, lists at nearly 80% premium on opening day

Fashion e-commerce upstart Nykaa, which is among a slew of first generation…

China presses further on Alibaba, slaps $2.78 Bn in fines for violating anti-trust rules

In a two-way signal (we’ll talk about that in a bit) to…

Tata’s new ‘super app’ plans could reportedly include sizeable investment in Big Basket

Mukesh Ambani’s nothing-short-of legendary investment spree with Jio Platforms, and a similar…

Amazon India to set up 200 new delivery stations as it gears up to meet surge during festive season

With the festive season fast approaching, and ecommerce seeing an unprecendented surge…

Reliance Retail gets $747Mn from KKR for a 1.28% stake at a $57B pre-money valuation

Mukesh Ambani is leveraging his existing investor firepower from the over $20Bn…

Flipkart launches a new wholesale e-commerce platform called “Flipkart Wholesale”

After having acquired Walmart’s India wholesale business earlier in July, Flipkart has…

Amazon opens its first offline Amazon Fresh store, starting with a location in LA

While retail markets throughout the world are making a shift to online…

Ecommerce in India grows 17% as COVID-19 lockdowns get lifted, return rate dips 10%-30%: Report

COVID 19 might have had a disastrous effect on global economy (even…

Flipkart acquires Walmart’s India wholesale business to launch a marketplace for ‘kirana’ stores

Walmart backed Flipkart has decided to carry forward the legacy of its…

Reliance’s retail business worth $29 billion, says a new Morgan Stanley report

Financial services provider Morgan Stanley has estimated Reliance’s Retail business net asset…

Amazon India sellers have crossed $2 billion in cumulative exports

Amazon today announced that India-based MSMEs (micro, small and medium enterprises) have…

Ecommerce in India posts strong recovery, back to 90% of pre COVID-19 levels: Report

In early May 2020, the Indian government removed its lockdown restriction rules…

Government rejects Flipkart’s food retail business application due to regulatory issues

In a setback to Walmart-owned Flipkart, India’s department for promotion of industry…

Softbank attempts Paytm Mall-Grofers merger as additional startup capital dries up

With COVID-19 pandemic severely impacting all forms of economic activity, startups aren’t…

Alibaba says “steady recovery since march” as earnings beat expectations

Alibaba Inc., China’s crown jewel, managed to soar above market estimates, and…

Facebook announces ‘Shops’ to help small businesses build a digital storefront amid coronavirus lockdowns

Facebook’s new intervention could help small businesses get some relief amid the…

India allows non-essential ecommerce deliveries, cab services in orange and green zones amid extended lockdown

In view of rising coronavirus cases in certain select regions in the…