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Posts Tagged ‘ Amazon ’

How Amazon, Flipkart, Snapdeal are circumventing rules to give discounts

Friday, September 30, 2016 | More »

online-discounts
Come October and it will be raining discounts online. E-commerce firms will come up with their annual big sales—Amazon’s Great India Sale, Flipkart’s Big Billion Day and Snapdeal’s Unbox Diwali—starting October 2 to 6. The discounts will range anywhere between 10% and 70% or more. This com...

Spotify

Spotify in talks to buy SoundCloud

Swedish music streaming service Spotify AB is in advanced talks to buy its German rival SoundCloud, Financial Times reported. It was unclear how much Spotify would pay for the Berlin-based company, the report said, citing people briefed on the talks. This move is seen as Spotify’s attempt to take ...

30 September, 2016 | More »

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Google to open new cloud region in India next year

Tech giant Google said on Friday it will open a new cloud region in Mumbai next year in a bid to offer its cloud platform services to Indian developers and enterprise customers. The cloud region will make the Google Cloud Platform services even faster for Indian customers, enhancing differentiators ...

30 September, 2016 | More »

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Apple iPhone 7 pre-booking on Flipkart: Should you buy it?

The Flipkart-versus-Amazon battle will get fiercer in the days to come. With the big festive season sale due in the coming week, Flipkart, India’s largest e-commerce firm, has a little edge over its arch rival this time. What gives Flipkart that edge is the big partnership with Apple Inc. to sell ...

29 September, 2016 | More »

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Walmart-Flipkart combo may hurt common enemy Amazon

At a time when stakeholders in the Indian e-commerce industry were locked in an intense debate over who between Amazon and Flipkart will emerge the winner post the upcoming festive season, the development that the world’s largest retailer Walmart is in the process of picking up an equity stake in ...

27 September, 2016 | More »

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Walmart in early talks to invest in Flipkart

US-based offline and online retailer Walmart Stores Inc. is in early talks with Indian e-commerce firm Flipkart India Pvt. Ltd for an equity partnership, according to a report. The Economic Times reported, citing two sources it didn’t name, that “the companies are engaged in early talks and a me...

27 September, 2016 | More »

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Flipkart tweaks variable pay structure for execs; to give more ESOPs, less cash

Homegrown e-commerce giant Flipkart has changed the variable pay structure for its mid- to senior-level executives, substituting it with stock options, according to a report. As per the new plan, the cash component of the variable pay has been cut by 40% and will be substituted with stock options, M...

26 September, 2016 | More »

Flipkart

Flipkart crosses 100 mn registered user mark

Bangalore-based ecommerce major Flipkart claimed that it has crossed 100 million registered users, becoming the first ecommerce marketplace in India to reach the milestone, it said in a statement. Flipkart also claimed it is the first firm to reach the milestone in a single country outside the US an...

21 September, 2016 | More »

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Snapdeal tweaks business model, sets up wholesale unit

E-commerce firm Snapdeal has established a wholesale unit to buy products that will be sold to consumers directly, following in the footsteps of rivals Flipkart and Amazon, according to a report. The move by Jasper Infotech Pvt. Ltd, operator of Snapdeal, is a departure from its marketplace-run busi...

19 September, 2016 | More »

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Amazon sets up ‘seller café’, to offer over 80 mn products this Diwali

It may have scored small victories over rival Flipkart in the past few months but in order to be a clear winner in the Indian market, Amazon will have to put up a good show of fireworks this Diwali. And by its own admission, the Indian arm of the world’s largest ecommerce company has been [&hellip...

19 September, 2016 | More »

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