Great Indian Festival : Amazon sale starts today 40% off on mobiles, 60% off on electronics, 70% off on fashion
Great Indian Festival : Amazon sale starts today 40% off on mobiles, 60% off on electronics, 70% off on fashion Great Indian Festival Amazon India’s “Great Indian Festival” offers is back to add more colour to the upcoming festival season in the country. The festival will start from September 21 and will go on until […]
Read MoreFlipkart Big Billion Day Sale 2017: Here are the top deals and discounts on day 1
Big Billion Day India’s largest e-commerce marketplace is back with its mega festive season sale, The Big Billion Days / Big Billion Day. The sale that started today will go on till September 24th, offering you some unbelievable discounts on fashion, home furnishing and large appliances. India’s largest e-commerce marketplace is back with its mega […]
Read MoreZomato acquires logistics company Runnr for an undisclosed sum to boost food delivery business
Zomato acquires logistics company Runnr for an undisclosed sum to boost food delivery business Online restaurant guide and food ordering startup Zomato has acquired last-mile logistics company Runnr for an undisclosed sum to boost its food delivery business. Runnr will continue to function as an independent company offering logistical services to players other than Zomato […]
Read MoreAmazon opens its largest fulfilment centre in Hyderabad with an aim to increase delivery speed
E-commerce giant Amazon on 7 September announced the opening its largest fulfilment centre in the country in Hyderabad. Located at the Rajiv Gandhi International Airport, the centre covers over 400,000 sq ft with close to 2.10 million cubic ft. It is the fifth fulfilment center in Telangana and the largest in the country. With this, Amazon has a […]
Read MorePaytm Mall to splurge Rs 1,000 cr, mostly to offer discounts this festival season, say reports
Paytm Mall Paytm Mall : The competition in the online shopping space in India is likely to heat up this festival season with one more player planning to splurge in order to woo customers. According to media reports, Alibaba-backed Paytm Mall is planning to spend about Rs 1,000 crore this festive season, giving a tight […]
Read MoreWal-mart to join hands with Google to enter the voice-shopping platform
Wal-Mart Stores Inc is teaming up with Alphabet Inc’s Google to enter the nascent voice-shopping market, currently dominated by Amazon.com Inc, adding another front to Wal-Mart’s battle with the online megastore. voice-shopping Google, which makes the Android software used to run most of the world’s smartphones, will offer hundreds of thousands of Walmart items on its voice-controlled Google Assistant platform […]
Read MoreFor bill payments and transaction on e-commerce platforms BSNL launches mobile wallet app
BSNL launches mobile wallet app for bill payments and transaction on e-commerce platforms State-run Bharat Sanchar Nigam Limited (BSNL) on Thursday launched a mobile wallet that would enable its existing 100 million customers to make bill payments and transact on e-commerce platforms. The wallet has been developed and issued by MobiKwik on behalf of BSNL. […]
Read MoreAmazon claims to have doubled its customer base in Tier II and III towns, at this year’s Great Indian Sale
Amazon claims to have doubled its customer base in Tier II and III towns, at this year’s Great Indian Sale In a report by the Economic Times, Amazon India is said to have added Amazon Prime customers in an exclusive deal which offers customers Prime membership at an introductory price of Rs 499 annually as against Rs 999. […]
Read MoreNotice served for selling wildlife products online to Snapdeal, IndiaMart, Wish and Buy, Craft Comparison
Wildlife Products The Madhya Pradesh Tiger Strike Force has served notice to e-commerce firms Snapdeal, IndiaMart, Wish and Buy, and Craft Comparison for allegedly selling wildlife products on their portals. Issued notices were served to the e-commerce companies last week after their names surfaced during an investigation of seizure of wildlife products related items in […]
Read MoreSoftBank’s $2.5 bn Flipkart deal makes Indian e-tail hot again, it’s no longer a cakewalk for Amazon
SoftBank’s $2.5 bn Flipkart deal makes Indian e-tail hot again, it’s no longer a cakewalk for Amazon Finally, home-grown e-commerce company Flipkart deal can stand up to Jeff Bezos’s Amazon and not allow it a free-run in India. With its latest round of funding, the company says it has excess cash of $4 billion in […]
Read MoreGRAB THE BEST FROM AMAZON GREAT INDIAN SALE 2017
Did you miss the previous Amazon Great Indian Sale?? Don’t worry, it’s time again to experience the amazing sale with an innumerable number of offers, discounts, and deals. Yes, the Amazon Great Indian Sale 2017 is back, again with a bang. The sale will run from January 20-22, 2017. Take a look at numerous discounts available on […]
Read MoreShopClues to enter the unboxed and refurbished electronics category with focus on tier-III and IV towns
Online marketplace ShopClues is entering the unboxed and refurbished electronic gadgets category and targets doubling its gross merchandise value with a customer count of 9 million by the end of this fiscal. The company aims to organise the mostly unstructured category of used and unboxed electronics, it said. “With a focus on the re-new gadgets […]
Read MoreSnapdeal’s Kunal Bahl, Rohit Bansal tell staff ‘new path’ already profitable at gross level
Snapdeal’s Kunal Bahl, Rohit Bansal tell staff ‘new path’ already profitable at gross level Snapdeal’s sellout talks with Flipkart was called off with the co-founders of the former committing to an independent path and a ‘Snapdeal 2.0’ version. Firstpost has received the mail Kunal Bahl and Rohit Bansal wrote to Snapdeal employees through sources. In the […]
Read MoreAxis Bank buys FreeCharge for Rs 385 cr: It’s the right price but sharp valuation fall a wake-up call for startups
Snapdeal is finally selling off FreeCharge, its mobile transactions platform, to private sector Axis Bank. The bank said in a communication to the Bombay Stock Exchange that it has entered into a share purchase agreement with Jasper Infotech Private Ltd, Snapdeal parent, to acquire 100 percent equity in FreeCharge for a consideration of Rs 385 […]
Read MoreRules may be eased to help e-commerce companies boost exports
NEW DELHI: To enable homegrown e-commerce companies such Myntra, Snapdeal and a host of handicraft and garment platforms to expand their global footprint, India is looking to revamp the export framework governing overseas sales by them. The measures under consideration include a complete switchover to e-enabled filing systems and even doing away with the current […]
Read MoreIndia e-commerce companies will never make a profit: K Vaitheeswaran
In 1999, K Vaitheeswaran, together with five friends in the IT industry, founded India’s first e-commerce company, Fabmart.com. The venture also built a physical retail chain called Fabmall, which was later acquired by the Aditya Birla Group and was rebranded as More. Vaitheeswaran carried forward the online venture under a new name, Indiaplaza.com. But despite […]
Read MorePaytm Mall Set to Hire 2,000 Employees This Year in Business Expansion
Online shopping platform Paytm Mall is set to hire nearly 2,000 new personnel across various business and tech roles to effectively scale its operations. The shopping platform is under the wing of Paytm Ecommerce, a recently incorporated separate entity by the parent company One97 Communications, to address the potential in online commerce, Paytm said in a statement […]
Read More‘e-retailers like Flipkart can’t be written off’, says Fabmart.com’s founder K Vaitheeswaran
Bengaluru: India’s first e-commerce company Fabmart.com’s founder K Vaitheeswaran today said e-retailers like Flipkart cannot be written off as they have built good scale, brand and customer base. “You cannot be writing off companies like Flipkart, for some of them have built good scale; good brand and good customer base. I have no doubt they will figure out […]
Read MoreSnapdeal board rejects $850 million acquisition offer from Flipkart
New Delhi: Snapdeal’s board is believed to have rejected a takeover offer of US $800-850 million (around Rs 5,500 crore) from larger e-commerce rival Flipkart. According to sources privy to the development, Flipkart has completed the due diligence process and has made an offer of US $800-850 million to buy Snapdeal. However, the offer was rejected […]
Read Moree-commerce: Flipkart maintains its edge over Amazon with 57% market share in March 2017, claims Naspers
Flipkart, India’s largest e-commerce company, has witnessed a marked improvement in its market share in the nine month period to March 2017. Naspers, one of the key investor in Flipkart, said the Bengaluru-headquartered company maintained its leadership position, with recent market share trends suggesting gains. Announcing its consolidated financial results for the year ended March […]
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