Amazon sells 100 mn products globally on Prime Day; market cap hits $900 bn

Reuters

Online shoppers purchased more than 100 million products worldwide during Amazon.com Inc’s  annual Prime Day sale this ....

19 July, 2018

Amazon deposits more money into Indian digital payments arm

Vijayakumar Pitchiah

Amazon Pay (India) Pvt. Ltd, the local digital payments arm of the global e-commerce major, has received a fresh funding infusion ....

17 July, 2018
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PhonePe seals acquisition of PoS platform Zopper Retail

Anand J

PhonePe, the digital payments arm of homegrown e-commerce major Flipkart, on Monday announced the acquisition of Zopper Retail, ....

16 July, 2018

After two pivots and a poke from Binny Bansal, Zopper is back in the game

Anand J

Russian billionaire Yuri Milner, whose investment firm DST Global has backed unicorns such as Ola, Swiggy and Flipkart, hosted ....

10 July, 2018

E-commerce enabler Anchanto raises $4 mn as part of Series C round

Vijayakumar Pitchiah

Anchanto, a Singapore- and Pune-based e-commerce fulfilment platform has raised $4 million (Rs 27 crore) as part of the first ....

4 July, 2018

Fearing monopoly, traders hold protests over Walmart-Flipkart deal

Reuters

Indian shopkeepers and traders affiliated to a local lobby group began sit-in protests across the country on Monday against Walmart ....

2 July, 2018
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Temporary relief for e-tailers as govt defers rollout of new tax provision

Shweta Sharma

E-commerce firms can heave a sigh of relief - for now - as the government has decided to defer a tax provision that the likes ....

25 June, 2018

How emerging tech is helping e-tailers cut costs, tackle fraud

Anirban Ghoshal

E-commerce companies are increasingly using artificial intelligence (AI), robotics and virtual reality (VR) to reduce expenditure ....

25 June, 2018

Online travel agency Cleartrip acquires Saudi Arabia's Flyin.com

Vijayakumar Pitchiah

Mumbai-based online travel agency Cleartrip Pvt. Ltd has bought the Saudi Arabia-based Flyin in its first cross-border acquisition. The ....

21 June, 2018

SoftBank-backed Paytm acquires mobile tech startup Cube26

Vijayakumar Pitchiah

One97 Communications Ltd, the parent of digital payments firm Paytm, has acquired Delhi-based mobile technology startup Cube26 ....

19 June, 2018
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Google to invest $550 mn in Walmart-backed Chinese e-tailer JD.com

Reuters

Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand ....

18 June, 2018

Former Jabong COO quits Myntra in another top-level exit

Dearton Thomas Hector

Muralikrishnan B, a senior vice-president (SVP) at Myntra, has quit the fashion e-tailer, Moneycontrol reported, citing sources ....

14 June, 2018

Why local startups fretting about foreign rivals should consult Jack Ma’s playbook

Aish Sinha

One of the arguments in favour of protectionism in the Indian e-commerce industry is that China protected its consumer internet ....

14 June, 2018

Interior design solutions marketplace HomeLane raises $3.5 mn

Binu Paul

Six months after raising $10 million, interior design solutions marketplace HomeLane has struck a $3.5 million (Rs 24 crore) deal ....

14 June, 2018

Microsoft tech may help Walmart counter Amazon's automated grocery store

Reuters

Microsoft Corp is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to ....

14 June, 2018

In a Flipkart-ruled fashion universe, does the runway have room for the rest?

Binu Paul

Flipkart has built an online fashion empire over the past few years. And for the rest, staying on the catwalk is proving to be ....

7 June, 2018

PhonePe lost Rs 43 for each rupee in revenue for FY17

Dearton Thomas Hector

PhonePe Pvt. Ltd, the payments app owned by online retailer Flipkart, plunged deeper into the red for the financial year ended ....

6 June, 2018

Flipkart's PhonePe crosses 100 mn user mark, hits $20 bn in annualised transactions

Shweta Sharma

PhonePe Pvt. Ltd on Friday said it has crossed the 100 million user mark in just 21 months from launch, faster than any other ....

1 June, 2018

Flipkart's marketplace arm narrows loss in FY17, revenue up 15%

Dearton Thomas Hector

The consolidated net loss of Flipkart Internet Pvt. Ltd, which operates the marketplace of homegrown e-commerce major Flipkart, ....

31 May, 2018

With an eye on Flipkart, Amazon rebrands and expands hyperlocal grocery service

Anand J

Amazon India has rebranded its hyperlocal grocery delivery service as Prime Now as part of a revamp that will include two-hour ....

30 May, 2018

Why India's e-commerce giants may make a bigger push into private labels

Reuters

For Lalit Bisht, buying Roadster jeans and T-shirts off Myntra, Flipkart's fashion operation, is a no brainer. It may take ....

30 May, 2018