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Amazon's stake buy sends Shoppers Stop up 20%
Mon, Sep 25, 2017
On September 23, Shoppers Stop stated that Amazon's investment arm will acquire 5% stake in the company aggregating up to Rs 179.26 crore. Analysts are quite optimistic about the deal and the company in coming days.
PM Modi to meet Paytm, Myntra, BigBasket and 200 startup owners today
Thu, Aug 17, 2017
PM Modi is expected to meet with startup owners in India today.
Flipkart monthly sales higher than Amazon.in; crosses Rs 2600 crore in June
Wed, Jul 26, 2017
E-commerce websites Amazon and Flipkart that keep announcing sales round the clock have reported monthly sales higher than the other players in the industry; with the latter in the lead.
Last day for pre-GST sale; here are the discounts on Myntra, Flipkart, Amazon, Snapdeal
Fri, Jun 30, 2017
From Myntra to Flipkart, Amazon and Snapdeal are offering their top deals and discounts on the last day of their pre-GST sale.
Myntra-Jabong CEO Ananth Narayanan on Marico's board
Wed, Jun 28, 2017
After Narayanan's appointment, Marico's board now has six independent directors besides chairman and non-executive director Harsh Mariwala, MD & CEO Saugata Gupta and two non- executive directors.
Myntra End of Reason Sale: Eyes 45% jump in sales; here are the offers
Tue, Jun 20, 2017
Myntra eyes 25-fold jump in sales, 4 lakh new customers from upcoming sale
Mon, Jun 19, 2017
Myntra's sale comes at a time when brick and mortal retail stores are offering heavy discounts to customers to clear stocks, ahead of the GST roll-out from July 1.
Big 10 Sale: Myntra to join Flipkart's event; to launch offers & discounts up to 80% on fashion brands
Sat, May 13, 2017
Online fashion brand retailer Myntra will participate in Flipkart's upcoming 'Big 10 Sale' beginning from midnigt of May 14, Sunday, and will offer discount up to 80% on 3.5 lakh styles and designs,
Myntra acquires logistics start-up InLogg
Wed, Apr 19, 2017
The acquisition by Myntra will help it address its delivery inefficiencies in terms of cost and reach.
Flipkart in discussions with Microsoft, Tencent Holdings, eBay, others to raise $1.5 billion funding
Wed, Feb 22, 2017
Flipkart is in talks with Microsoft, Tencent Holdings, eBay and PayPal Holdings to raise $1.5 billion at a valuation of $10-12 billion.
Were Flipkart, Myntra ahead of their time with app-only business model?
Tue, Feb 14, 2017
When Flipkart, Myntra's parent company decided to give the latter an app-only interface, discontinuing the desktop website completely, it did so with the thought that its customers who were mobile savvy, would be more than willing to adapt to an app-only model. But they were wrong.
Bata takes sub-brands route for connecting to youth
Sun, Jan 29, 2017
Present in India for over 80 years, shoemaker Bata is renewing focus on the young generation by lining up new launches in youth-oriented space through its sub-brands like Power and Weinbrenner even as the company is doubling advertising budget this year.
From $15 billion valuation to $5.5 billion; Flipkart faces hard times
Thu, Jan 26, 2017
Talking on downturn in valuation Siddharth Shahani, Executive Director, Indian School of Design & Innovation had told Zee Business, "Passion has taken the company so far, now experience is needed to take it to the next level. I think it is a natural transition that you see anywhere in the world. The first three years is passion driven, the next three years is system oriented driven.”
End of Reason Sale: Myntra plans to deliver 50 lakh products
Tue, Jan 03, 2017
Myntra's ‘biggest fashion sale of the country' which began on January 3 will last till January 5 and is the fifth edition of Myntra’s ‘End of Reason sale’ and has nearly 3.5 lakh products up for grabs at up to 80% discount.
Jabong targets 5 million shoppers with Myntra’s End of Reason sale
Fri, Dec 30, 2016
After its partnership with Myntra, Jabong on Friday said it will be targeting five times sales growth with over five million shoppers on its site.
Year of consolidation: Top five mergers and acquisitions in Indian businesses in 2016
Thu, Dec 29, 2016
From e-commerce space to the energy sector, India Inc 2016 saw a lot of mergers and acquisitions as companies changed gears to consolidate their businesses. Top five deals of the year are as follows: 1. Myntra & Jabong
Flipkart, Amazon to slug it out in fashion in 2017
Thu, Dec 29, 2016
"Amazon, which has been inking partnerships with a number of brands including Arrow, Swarovski and Aeropostale, is planning to introduce more private labels to create a solid identity in the online fashion segment that is largely ruled by Flipkart."
Food delivery e-commerce firm Swiggy appoints Mukesh Bansal as strategic advisor
Wed, Oct 05, 2016
Food delivery platform Swiggy has appointed Myntra co-founder and former chief executive officer Mukesh Bansal on its advisory board.
Good monsoon, better pay packets to boost online festive sales
Fri, Sep 30, 2016
In e-commerce, retailing is the second-largest and fastest-growing segment.
Online fashion company Jabong extends maternity leave to 6 months
Fri, Sep 02, 2016
Online fashion platform Jabong on Friday said it will now offer six months of maternity leave to its employees from the earlier practice of three months leave.