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Posts Tagged ‘ Flipkart ’

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

Friday, September 30, 2016 | More »

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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...

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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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Myntra appoints Wipro exec Dipanjan Basu as CFO

Flipkart-owned fashion e-tailer Myntra said on Thursday it has hired Dipanjan Basu from software services firm Wipro Ltd as its chief financial officer. Basu was the CFO and chief operating officer at Wipro’s digital and consulting business. He will join Myntra on 17 October, the company said ...

29 September, 2016 | More »

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Flipkart offers ESOPs to over a third of its staff

E-commerce firm Flipkart has offered employee stock option plans (ESOPs) to a large number of its staff in a bid to retain talent and control costs. Nearly 35-40% of Flipkart’s 10,000-odd employees will receive stock options this year, compared with 10-20% last year, the Mint newspaper reported ci...

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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Exclusive: Parenting social network TinyStep raises fresh funding from Flipkart

Bangalore-based WeHive Technologies Pvt. Ltd, which runs parenting social network TinyStep, has raised a fresh round of funding from one of its existing investors, a person privy to the development told VCCircle. The company, according to the person cited above, has raised funding from ecommerce maj...

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 »

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Exclusive: Myntra brings Jabong’s tech team under own roof

Flipkart-owned fashion e-tailer Myntra has moved the research and development team of Jabong in Bengaluru to its own facility, less than two months after it acquired the lifestyle and apparel shopping portal. Both R&D teams will continue to work separately for now but any integration in the futu...

23 September, 2016 | More »

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Apple ties up with Flipkart, Infibeam for online iPhone7 sale in India

Technology giant Apple Inc has partnered with Indian ecommerce major Flipkart for the sale of its recently launched iPhone 7 and iPhone 7 Plus smartphone series. As part of the tie-up, Flipkart will source the phones directly from Apple, unlike in previous years when it sourced the phones from third...

23 September, 2016 | More »

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