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Posts Tagged ‘ Marketplace ’

Amazon in-house vendor Cloudtail posts four-fold growth in FY16 revenue

Wednesday, December 21, 2016 | More »

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Cloudtail India Pvt. Ltd, which is part-controlled by Amazon.com Inc. and is believed to be the single-largest vendor on its Indian e-commerce marketplace Amazon.in, registered a four-fold jump in revenue for 2015-16. Revenue for the year ended 31 March 2016 increased to Rs 4,591.2 crore from Rs 1,1...

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Facebook adds jobs feature to take on LinkedIn

The world’s largest social networking website Facebook now wants to be a job openings platform too. The California-based company has added a jobs tab on its page, in a move that could potentially challenge the position of professional networking site LinkedIn. “Based on behavior we have seen on ...

8 November, 2016 | More »

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Instagram to lure users to spend through ‘shop now’ option

Facebook Inc.-owned photo and video sharing app Instagram is testing a “shop now” button that it will roll out from next week, allowing one to buy what he or she sees in a photo that is being shared on its platform. The test, only in the US for the time being, will be tailored for […]...

2 November, 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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Exclusive: B2B marketplace for leather products ShoeKonnect gets funding from IAN

Agra-based business-to-business (B2B) marketplace for leather products ShoeKonnect has raised an undisclosed amount in an angel round of funding from Indian Angels Network (IAN), a top company executive told Techcircle.in. The firm plans to use the capital for technology enhancement, marketing, bran...

12 September, 2016 | More »

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Paytm ties up with Suzuki Motorcycle to sell two-wheelers online

Digital payments and e-commerce company Paytm will now host a virtual Suzuki Motorcycle showroom on its marketplace through which customers can book the two-wheeler maker’s bike and scooter models. As part of the partnership between Paytm and Suzuki Motorcycle India, over 400 Suzuki dealers ac...

29 June, 2016 | More »

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Sellers up in arms against Flipkart’s alleged high-handedness

The simmering discontent among its vendors seems to be compounding woes for Flipkart, which has, of late, been in the news for all the wrong reasons. Upset with the e-commerce company over the way it has unilaterally altered its commission system and is allegedly penalizing sellers for the return of...

25 June, 2016 | More »

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Tier 2/3 cities see rise in number of angel investors: LetsVenture report

Angel investors don’t just reside in big cities. Investors from smaller cities such as Guwahati, Kanpur, Vadodara, Raipur, Visakhapatnam, Agra, Jaipur, Chandigarh are increasingly ready to bet on innovative business ideas, says a study by deal making platform LetsVenture. According to the stud...

21 June, 2016 | More »

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Exclusive: Flipkart may look at bank loans as it battles cash crunch

Faced with the steady march of its global rival Amazon on its home turf, ecommerce marketplace Flipkart is now turning to debt financing even as equity infusion looks remotely possible post the successive markdowns in its valuation by existing investors, said a person with the direct knowledge of th...

17 June, 2016 | More »

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Exclusive: Delhi-based truck aggregator Moovo acquires smaller rival GoGoods

OrbitNote Technologies Pvt. Ltd, which runs truck aggregation platform Moovo, has acquired GoGoods Pvt. Ltd, a similar venture focused on intracity transport in Patna and Ranchi, in an all-stock deal. With the acquisition, Moovo, which has operations in Delhi-NCR, Kanpur, Kolkata and Bhubaneswar, ha...

9 May, 2016 | More »

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