Browsing Tag

ecommerce

147 posts

Fidelity marks down Meesho’s valuation to $3.5 billion

Adding to a growing, not-so-favourable list of high-profile Indian unicorns getting their…

Walmart pumps $600Mn in Flipkart as part of $1Bn fundraise

Flipkart, the now Walmart owned Indian e-commerce giant, has reportedly moved closer…

Tiger Global backed Dealshare sees co-founder/CEO exits amid continued struggles

Dealshare, the Tiger Global backed online grocery company, is witnessing fresh round…

‘Flash’, an e-commerce app focused on ‘power shoppers’ lands $5.8Mn in seed

E-commerce, the sector that was one of the first to see rise…

Social commerce platform Dealshare adds another $45Mn to ongoing round, from ADIA

Joining in the bandwagon of a slew of high-profile investors investing in…

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

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

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 Prime

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

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

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 Store in Woodland Hills

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…
Flipkart

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…