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…

Reliance JioMart ecommerce platform goes live across India

Reliance-backed JioMart, the platform that has helped Reliance Jio get in some…

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…

Alibaba demotes top e-commerce executive after internal inquiry on improper behaviour

Chinese e-commerce entity Alibaba has demoted its e-commerce chief and senior vice-president…

India withdraws permission to ecommerce companies for delivering non-essential goods during coronavirus lockdown

In a move that could act as a body blow to some…

Amazon to speed up its ‘same day’ delivery in select U.S. cities

Amazon might be fast, but it’s not the fastest. At least not…

Flipkart gets interim stay from Karnataka High Court over CCI probe

Almost replicating its decision on the Amazon vs CCI case, the Karnataka…

Now Flipkart moves against Competition Commission’s antitrust probe

While Amazon vs India’s competition regulator CCI (Competition Commission of India) has…

Amazon invests ₹2,500 crore in marketplace and data centre units in India

Amazon is pushing further capital into its India business. The US ecommerce…

Firstcry, the ecommerce store for baby products, gets another $150M from Softbank, valuation past $1B

Firstcry, the Indian ecommerce + offline retailer that specialises in baby products,…

Instamojo acquires Times Internet-owned GetMeAShop

Bangalore-based fintech Instamojo, has announced that it has acquired Times Internet-owned startup…

Jeff Bezos announces electric delivery rickshaws for the Indian market

Jeff Bezos has gotten a little too gaga for India and has…