Myntra, Jabong to merge all functions; Ananth Narayanan remains CEO

Dearton Thomas Hector & Binu Paul

Myntra CEO Ananth Narayanan will continue heading the fashion e-tailer while sister company Jabong will keep operating as a separate ....

16 November, 2018

Walmart 'disappointed' with Flipkart situation but trusts bench strength

Payal Ganguly

US retail giant Walmart Inc. said it was confident about the leadership strength at Indian e-commerce unit Flipkart despite the ....

16 November, 2018
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Walmart's Q3 e-commerce revenue jumps 43% on online grocery sales

Reuters

Walmart Inc reported better-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong ....

15 November, 2018

After Binny Bansal’s exit, what’s next for Walmart-owned Flipkart?

Team TC

Flipkart co-founder Binny Bansal’s abrupt resignation as group chief executive officer this week puts US retail giant Walmart ....

15 November, 2018

Will Paytm Mall’s new wholesale biz help it catch up with Flipkart, Amazon?

Vijayakumar Pitchiah

Paytm Mall is moving to take greater control of inventory on the e-commerce platform as it looks to bridge the gap with rivals ....

15 November, 2018

Flipkart's Binny Bansal resigns after probe into personal misconduct

Dearton Thomas Hector

Flipkart co-founder Binny Bansal has resigned as group chief executive officer following an independent probe into allegations ....

13 November, 2018
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Exclusive: Micro-delivery grocery firm Milkbasket raises fresh funds from Mayfield

Vijayakumar Pitchiah

Gurugram-based micro-delivery grocery service Milkbasket has raised closed to Rs 10 crore ($1.37 million at current exchange rates) ....

12 November, 2018

Alibaba sets new record with $30.7 bn in Singles Day sales

Reuters

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during ....

12 November, 2018

Amazon versus Flipkart: Who is winning this year’s festive season sale?

Dearton Thomas Hector

In the carbonated beverages industry, the war between PepsiCo Inc. and Coca-Cola Inc. is legendary. There are plenty of examples ....

8 November, 2018

Flipkart, Amazon not abusing market position in India: CCI

Reuters

Amazon and its rival in India, the Walmart-owned Flipkart, did not break regulations through their selection of merchants and ....

8 November, 2018
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Flipkart sale, Oyo valuation gain help SoftBank post higher Q2 profit

Team TC

SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake in ....

5 November, 2018

Amazon India marketplace revenue grows 58% in FY18, loss mounts to nearly $1 bn

Dearton Thomas Hector

Amazon Seller Services Pvt. Ltd, the Indian marketplace arm of US-based online retailer Amazon.com Inc., fell deeper into a loss ....

2 November, 2018

Amazon Pay's FY18 India loss widens as costs jump four-fold

Dearton Thomas Hector

Amazon Pay (India) Pvt. Ltd, the local digital payments arm of global e-commerce major Amazon.com Inc., has seen its operating ....

31 October, 2018

PhonePe lost nearly Rs 19 for every rupee in revenues for FY18

Vijayakumar Pitchiah

PhonePe Pvt. Ltd, the in-house payments arm of e-commerce major Flipkart, registered a 14-fold rise in revenues and incurred significant ....

30 October, 2018

Flipkart marketplace’s FY18 loss narrows but wholesale unit sinks deeper into the red

Binu Paul

Walmart Inc.-owned Flipkart, India’s largest e-commerce company, has reported heavy losses for two of its key business units ....

29 October, 2018

BigBasket acquires RainCan to boost subscription delivery service

Binu Paul

Online grocer BigBasket, run by SuperMarket Grocery Supplies Pvt. Ltd, has acquired subscription-based e-grocery startup RainCan ....

18 October, 2018

Myntra’s marketing and strategy heads to quit by year-end

Binu Paul

Gunjan Soni, the chief marketing officer and head of Jabong at Flipkart-owned online fashion retailer Myntra, and Ananya Tripathi, ....

17 October, 2018

Exotel’s beta interface predicts call drops, high traffic in telecom networks

Anand J

Cloud-based telephony services firm Exotel Techcom Pvt. Ltd has rolled out machine learning-based Heartbeat API (application programming ....

17 October, 2018

Walmart cuts earnings outlook on Flipkart buy, expects e-commerce growth to slow

Reuters

Walmart Inc lowered its earnings forecast for the year on Tuesday and said its e-commerce growth next year would be slower than ....

16 October, 2018

Flipkart co-founder Sachin Bansal may invest $100 mn in Ola

Dearton Thomas Hector

Richer after his exit from his first venture Flipkart, Sachin Bansal seems all set to make his biggest personal investment ever ....

11 October, 2018

Flipkart rolls out insurance programme for smartphones

Binu Paul

Customers shopping on Walmart-owned e-commerce company Flipkart can now avail of insurance when buying smartphones on the platform. The ....

8 October, 2018