It's official: Walmart to buy 77% stake in Flipkart for $16 bn

Anand J

Walmart Inc said on Wednesday it will buy a majority stake in Indian online retailer Flipkart, ending months of speculation around ....

9 May, 2018

Exclusive: Zivame appoints new CEO as Shaleen Sinha leaves lingerie e-tailer

Dearton Thomas Hector

Online lingerie retailer Zivame has appointed Amisha Jain as its new chief executive officer (CEO), the company said in an email ....

9 May, 2018
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Artificial intelligence and fintech most overhyped sectors in India: Survey

Keshav Sunkara

The majority of Indian startups expect to have a difficult year on the fundraising front while mergers and acquisitions (M&A) ....

3 May, 2018

Paytm Mall tries to take shopkeepers online in bid to boost market share

Anirban Ghoshal

Paytm Mall is trying to attract more sellers to its online marketplace by launching a couple of new initiatives for offline stores ....

2 May, 2018

Snapdeal's revenue declines, losses mount in FY17

Anand J

Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, has reported a drop in consolidated net sales for the first ....

30 April, 2018

Tribunal rules in favour of Flipkart on Rs 110 cr tax demand

Dearton Thomas Hector

Flipkart can heave a sigh of relief after the Income Tax Appellate Tribunal (ITAT) rejected the revenue department’s demand ....

25 April, 2018
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Robots will replace humans in retail, says chief of Chinese e-commerce giant

Reuters

Robots will eventually replace human workers in the retail industry, the chief executive of Chinese e-commerce company JD.com ....

17 April, 2018

Walmart could seal deal for majority stake in Flipkart by June-end

Reuters

Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what ....

12 April, 2018

Will Flipkart’s latest discount sharing move shake up e-commerce?

Vijayakumar Pitchiah & Binu Paul

Flipkart's recent tweak to its discount sharing mechanism with sellers is being seen by industry experts as a significant ....

21 March, 2018

A first look as Amazon brings its own music to India's streaming party

Anand J

Amazon launched its flagship music streaming in India on Wednesday as the e-commerce giant continued efforts to grow its footprint ....

28 February, 2018
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To decode Alibaba's India strategy, look no further than Paytm Mall

Binu Paul & Anand J

As foreign players hone in on India, Alibaba is doing things its own way as it seeks to gain a foothold in the online retail space. ....

13 February, 2018

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

Binu Paul

Cloudtail India Pvt. Ltd, which is part-controlled by Amazon.com Inc. and is believed to be the single-largest vendor on its Indian ....

21 December, 2016

Flipkart is already a leader and does not need a turnaround: Kalyan Krishnamurthy

Binu Paul

Former Tiger Global executive Kalyan Krishnamurthy, who heads the key portfolios of retail, business development, advertising ....

5 December, 2016

Flipkart's loss doubles in FY2015-16

Disha Sharma

The net loss of Flipkart Internet Pvt. Ltd, which operates e-commerce major Flipkart, doubled to Rs 2,306 crore in the financial ....

26 November, 2016

Fashion e-tailer Koovs raises $13.5 mn

Disha Sharma

Koovs plc, the UK-based parent of Indian lifestyle e-tailer Koovs.com, said on Wednesday it has raised £10.9 million ($13.5 million, ....

16 November, 2016

Amazon.in festive sales up three-fold; ships over 15 mn units

PTI

E-commerce giant Amazon.in on Wednesday said sales on its platform grew three-fold compared to last year to over 50 million units ....

5 October, 2016

Festive sales: Flipkart, Amazon, Snapdeal cheer; customers jeer

Team TC

The country's top ecommerce companies Flipkart and Snapdeal claimed consumer transactions on their platforms saw an unprecedented ....

3 October, 2016

Exclusive: Paying salary for AskMe staff is management's responsibility, says Astro

Manu P Toms

Malaysia's Astro Group, the controlling stakeholder in the defunct ecommerce firm AskMe, has put the onus to pay employees and ....

27 September, 2016

Exclusive: On-demand logistics service provider GoPigeon gets $1.5 mn from Nexus Venture

Nishant Sharma

Bangalore-based on-demand logistics service provider GoPigeon has raised $1.5 million (around Rs 10 crore) in a pre-Series A funding ....

15 September, 2016

Binny Bansal consolidates his team at newly christened Flipkart Group

Disha Sharma

In order to manage it diverse businesses that include e-commerce, mobile payments, logistics and two fashion portals, Flipkart ....

26 August, 2016

Seven visual search startups training sights on fashion e-commerce

Arti Singh

Saw a pretty dress on Pinterest or Instagram but have no idea where to get it? In that case, visual search startups can come to ....

8 July, 2016