Thu, Nov 02, 2023
MSME-focused digital lender in India NowGrowth surveyed around 3,000 Indian retailers and shoppers across more than 25 top cities in India, wherein it was found that at-home delivery remains a top priority for shoppers, with 60 per cent of offline retailers receiving customer requests to start home delivery services.
Tue, Oct 10, 2023
The company raised its pre-seed funding round of $165K in March 2022. This round of funding helped to kickstart Meolaa's growth and support its mission to create a community of conscious consumers and purpose-driven brands.
Wed, Sep 27, 2023
E-commerce, FMCG and retail sectors contributed 27 per cent to total warehousing demand since 2019, according to a report by CBRE and Indospace.
Thu, Apr 06, 2017
Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer`s stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year.
Wed, Apr 05, 2017
Such a move would allow SoftBank, which owns more than a 30 percent stake in Snapdeal, to consolidate its ownership position and put it in the driver`s seat to negotiate any deal.
Tue, Apr 04, 2017
Seeking to calm employees rattled by reports of a cash crunch, the founders of Indian online retailer Snapdeal have gone directly to them with a string of townhall meetings in past weeks, according to sources, promising profit and brushing off takeover talk.
Fri, Mar 24, 2017
E-commerce companies are now looking to go offline with GST coming in soon to get the price advantage.
The world`s largest online retailer has said the case involved transactions in 2005 and 2006, and could boost its federal tax bill by $1.5 billion plus interest. It also said a loss could add "significant" tax liabilities in later years.
Thu, Mar 23, 2017
E-commerce giant, Amazon will finally enter the online retail segment in India, Harsimrat Kaur Badal, Minister of food processing, said in New Delhi on Thursday.
For Amazon, Souq.com offers expertise and a foothold in a region where e-commerce is expanding quickly thanks to a young and tech-savvy population. Kuwait, Saudi Arabia and the United Arab Emirates are among the top markets worldwide for mobile phone penetration.
Wed, Mar 22, 2017
Softbank is expected to inject up to $50 million in bridge financing until a deal is finalised.
Tue, Mar 21, 2017
As per the report, Paytm will refund money, as claimed by the user if the amount is unlawfully debited from the account or in case of loss of device.
Recently, Morgan Stanley Institutional Fund Trust – a mutual fund arm of Morgan Stanley revised value of its each share in Flipkart at $50.51 per share as of December 2016, down 3.10% from $52.13 per share of September 2016.
Sun, Mar 19, 2017
Industry has been expressing concern over the TCS provisions saying it would mean a lock-in of capital and also dissuades companies from selling through online aggregators.
Fri, Mar 17, 2017
E-commerce giant, Amazon India on Friday said that they were looking to partner with the government to increase food supply chain in the country.
Wed, Mar 15, 2017
Its plans to reduce the payment cycle to sellers by 40% from 5 days to 3 days has gone well with many sellers and they seem to have buried the hatchet.
Tue, Mar 14, 2017
Budget airline, SpiceJet may soon enter the retail sector, a report by CNBC-TV 18 said on Tuesday.
Media reports quoted sources that said the company was on the final stages of preparation of entering the ‘retail business.’
"As more and more sellers come on the platform, ad revenue will be a growing contributor to Snapdeal's profitability goal," it said.
Sandeep handed over the reins of the company to his wife as he was allegedly involved in an insider trading case in the US in 2013.
Thu, Mar 09, 2017
E-commerce major Flipkart is in advanced stage of discussions to raise about $ 800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon.
India's leading e-wallet company brand Paytm on March 8 said that it will begin charging customers 2% fee if they transfer money to their Paytm wallets using credit cards.
Tue, Mar 07, 2017
Reliance Capital has sold its nearly 1 % stake in popular digital payments firm Paytm for Rs 275 crore to China's Alibaba Group in a deal reaping huge gains for the Anil Ambani-led group firm.
Mon, Mar 06, 2017
E-commerce giant, Amazon began selling Apple’s iPhone 6 new 32GB variant in India for Rs 28,999.
The iPhone 6 was officially launched in September 2014 along with the iPhone Plus; however, the phone offered only three storage options including—16 GB, 64GB and 128GB.
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