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How Flipkart, Amazon home, cash on delivery options knocked out this business
Tue, Apr 24, 2018
Discounted online sales of products of direct sellers without their consent on platforms like Flipkart, Amazon, SnapDeal and Shopclues is making significant dents on their business, according to India Direct Selling Association (IDSA).
Lava Android Oreo Go Z50 priced at an effective rate of Rs 2,400; available on Flipkart, Amazon
Fri, Mar 23, 2018
Google had, in December last year, unveiled the Android Oreo Go edition for smartphones with 1GB RAM or less. These low-cost smartphones, which come with a new range of apps designed to run faster while using less data, are expected to play an important role in further expanding internet adoption.
Snapdeal's Deal Mela sales begin; HDFC, Axis banks give 10% instant discount
Fri, Feb 23, 2018
HDFC Bank and Axis Bank both are giving 10% instant discount on different smartphones, if a customer makes payment via their debit or credit cards.
Future group in talks to buy Snapdeal's logistics arm Vulcan Express
Wed, Jan 03, 2018
As per the report, Vulcan Express, which manages about half of Snapdeal's deliveries and shipments, replaced gojavas as the primary logistics partner when it was formed about three years ago.
E-commerce sector rides on Digital India, note ban
Sat, Dec 30, 2017
More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.
2017: The year that was in India’s e-commerce sector
Sun, Dec 24, 2017
The year of 2017 saw higher investments and some major transformations with competitors scattering to close market share in rural India.
Top Indian startups with valuation of over $1 billion each are on hiring spree: Report
Wed, Dec 06, 2017
The top Indian startups with valuation of over USD 1 billion each are on a hiring spree and more than half of all job postings by these unicorns are for fresh graduates, says a report.
E-commerce industry generates sales of Rs 19,000 crore from festive sale month
Fri, Oct 27, 2017
This is the highest ever sale monthly sales e-tailers achieved highest over the course of the festive month 2017. It saw 45% higher sales than the festive period last year.
Festive sales: Flipkart, Amazon, Snapdeal offer smartphones on a budget this Diwali
Sun, Oct 15, 2017
E-commerce websites that kicked off their Diwali sales on Saturday are advertising for discounts on smartphones. We bring you all the details.
India has highest number of unicorn start-ups outside the US
Mon, Sep 25, 2017
India currently has 9 unicorn start-up firms including Flipkart, Hike, InMobi, Ola Cabs, Paytm, ReNew Power Ventures, ShopClues, Snapdeal and Zomato.
Face of Tata group to change in next decade, Ratan Tata says
Thu, Sep 21, 2017
Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.
Why celebrities have turned the tables on brands by ending their endorsements
Sun, Sep 17, 2017
Virat Kohli took a surprising decision to choose to not renew his deal with Pepsi as he said he would not endorse any product which he would not use.
Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years
Wed, Aug 23, 2017
Bengaluru and Delhi start-ups received most of the funding during the last 5 years, with a majority of the start-up unicorns in these cities.
Flipkart gets an edge over Amazon in the fast growing non-metro markets: Report
Wed, Aug 23, 2017
While Flipkart and Amazon were the joint leaders in terms leadership in the e-tailing space, Flipkart had an edge in the non-metro markets in India.
Investment in Indian startups in 2016 was less than half of Flipkart’s total funding
Tue, Aug 22, 2017
Flipkart is India’s most well-funded startup in the Indian tech space. It is currently valued at $11.6 billion.
MobiKwik eyes raising $100 million in funding this year
Sun, Aug 06, 2017
MobiKwik has so far raised over USD 85 million in funding from investors like South Africa's payments major Net1, Sequoia Capital, American Express, Tree Line Asia and Cisco Investments.
eBay.in is now part of Flipkart
Tue, Aug 01, 2017
Flipkart said, "Effective immediately, Flipkart will own and operate eBay.in, which will remain an independent entity as a part of Flipkart. Additionally, both companies are also partnering to leverage opportunities in cross-border trade."
SoftBank likely to invest over Rs 12,000 crore in Flipkart, report says
Tue, Aug 01, 2017
SoftBank is the largest investor in Snapdeal and with this deal (Snapdeal-Flipkart merger) the Japanese firm was trying to engineer an all-stock transaction for months, as a means to secure a sizeable stake in Flipkart.
Snapdeal denies reports of 80% layoff of its employees
Mon, Jul 31, 2017
Snapdeal on Monday denied reports that it will be sacking 1,000 employees after it walked away from the Flipkart deal.
Snapdeal rejects Flipkart acquisition deal; plans to walk alone ahead
Mon, Jul 31, 2017
Snapdeal decides to end merger talks with Flipkart and receives its blessings from investor SoftBank.