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E-commerce

Coronavirus Lockdown: Get free home delivery of food, more, just call WhatsApp number

Coronavirus Lockdown: Get free home delivery of food, more, just call WhatsApp number

Thu, Mar 26, 2020

Coronavirus Lockdown: E-commerce platforms like Grofers, Big Bazaar, Bigbasket, Amazon and Flipkart, etc. have been allowed to continue their doorstep services.

App-based cabs to work as delivery support for e-commerce, retailers? Check this request

App-based cabs to work as delivery support for e-commerce, retailers? Check this request

Wed, Mar 25, 2020

"With people rightly avoiding crowded markets, there has been a sharp increase in pick-up orders from online platforms. There has also been a big rise in families placing telephonic orders to the retail grocers who too are organising themselves into the home-delivery models of businesses," Assocham Secretary General Deepak Sood said.

Amazon, Flipkart challenge new Indian tax on online sellers

Amazon, Flipkart challenge new Indian tax on online sellers

Sat, Feb 15, 2020

Amazon and Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms.

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Morgan Stanley trims its Flipkart valuation once again

Morgan Stanley trims its Flipkart valuation once again

Tue, Feb 28, 2017

Morgan Stanley Institutional Fund Trust – a mutual fund arm of Morgan Stanley, in a US Securities and Exchange Commission (SEC) filing said that it has revised value of its each share in Flipkart Online Services at $50.51 per share as of December 2016, down 3.10% from $52.13 per share of September 2016.

Raymond to launch online tailoring concierge services in select cities soon

Raymond to launch online tailoring concierge services in select cities soon

Mon, Feb 27, 2017

Raymond will soon launch a concierge tailoring services online where a tailor from the show will visit to take the measurements after which clothing can be ordered online.

We were having one of the best years of Raymond before demonetisation hit us: Sudhandhu Pokhriyal, Raymond

We were having one of the best years of Raymond before demonetisation hit us: Sudhandhu Pokhriyal, Raymond

Mon, Feb 27, 2017

Apart from demonetisation Pokhriyal further spoke on GST, Textile Minister Smriti Irani and how US President Donald Trump's decision to end the Trans-Pacific Partnership (TPP) is beneficial to them.

Demonetisation boosts Paytm’s user base by 23-million; crosses 200-million wallet users

Demonetisation boosts Paytm’s user base by 23-million; crosses 200-million wallet users

Mon, Feb 27, 2017

E-wallet major Paytm has crossed 200 million customers on Monday with the total balance in wallets amounting to Rs 899.11 crore, Vijay Shekhar Sharma, CEO tweeted. Replying to a tweet Sharma said that the company adds 7,00,000 wallet users per day.

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Sun, Feb 26, 2017

Paytm founder and CEO Vijay Shekhar Sharma tweeted: "Hello, Tech/Product people in Delhi NCR, feeling heat of business restructuring. We welcome you @Paytm and @Paytm-Mall with open arms."

Less than 2% startups reach the coveted 'unicorn' status

Less than 2% startups reach the coveted 'unicorn' status

Fri, Feb 24, 2017

What is more interesting is that till now the e-commerce or marketplace start-ups have been the most successful in entering into the unicorn club.

Snapdeal to lay off 600 people over next few days

Snapdeal to lay off 600 people over next few days

Wed, Feb 22, 2017

A Snapdeal spokesperson said: "On our journey towards becoming India's first profitable e-commerce company in two years, it is important that we continue to drive efficiency across all parts of our business, which enables us to pass on the value to our consumers and sellers."

Flipkart to use Microsoft cloud to boost e-tail sales

Flipkart to use Microsoft cloud to boost e-tail sales

Mon, Feb 20, 2017

The strategic partnership was announced by Microsoft CEO Satya Nadela on his maiden visit to this tech hub after he took over the reins of the world`s largest software firm in February 2014.

Vijay Shekhar justifies using PM Modi's picture to sell Paytm

Vijay Shekhar justifies using PM Modi's picture to sell Paytm

Thu, Feb 16, 2017

When Paytm founder Vijay Shekhar Sharma used Prime Minister Narendra Modi as a front page cover on a newspaper for a Paytm advertisement advising people to use the e-wallet, many including political figures criticised the move.

Paytm aims to get nearly a third of all Indians as its customers by 2020, here’s how

Paytm aims to get nearly a third of all Indians as its customers by 2020, here’s how

Thu, Feb 16, 2017

Mobile recharge to e-wallet and e-commerce platform Paytm owner Vijay Shekhar Sharma on Wednesday announced at the Retail Leadership Summit that the company wants to get nearly one third of India’s population on its portal.

Paytm E-commerce aims for ‘moon shot’ target of 2.5 times growth by December

Paytm E-commerce aims for ‘moon shot’ target of 2.5 times growth by December

Wed, Feb 15, 2017

CEO and Founder of Paytm, Vijay Shekhar Sharma, on Wednesday at the Retail Leadership Summit said that its e-commerce wing was aiming for a ‘moon shot’ target by the end of this year.

Were Flipkart, Myntra ahead of their time with app-only business model?

Were Flipkart, Myntra ahead of their time with app-only business model?

Tue, Feb 14, 2017

When Flipkart, Myntra's parent company decided to give the latter an app-only interface, discontinuing the desktop website completely, it did so with the thought that its customers who were mobile savvy, would be more than willing to adapt to an app-only model. But they were wrong.

Bingo Technologies launches Made-in-India V-200 VR Box priced at Rs 649

Bingo Technologies launches Made-in-India V-200 VR Box priced at Rs 649

Mon, Feb 13, 2017

The V-200 VR connects via a smartphone and is compatible with iOS, Android and Windows smartphones with screen sizes ranging from 4.7 inches – 6 inches.

Offline retailers re-writing norms of online retailing

Offline retailers re-writing norms of online retailing

Fri, Feb 10, 2017

Internet retail market to touch $70 billion in India by 2020. Internet channel to account for 4% revenues of retailers up from current 3.1%.

Tax collection at source is an area of concern in GST for e-commerce, industry cries

Tax collection at source is an area of concern in GST for e-commerce, industry cries

Thu, Feb 09, 2017

Tax collection at source main cause for concern for e-commerce retailers. E-commerce companies are vociferously for GST. Due to TCS, close to Rs 400 crores per annum of capital will be locked into the system.

Check out five best iPhone deals on Flipkart’s Apple Fest

Check out five best iPhone deals on Flipkart’s Apple Fest

Thu, Feb 09, 2017

Indian e-commerce company, Flipkart with its January edition of ‘Apple Fest’ offers that ended on January 30 was brought back for three days from February 7 to 10. Here are a few best deals on iPhones that you can avail on phone exchanges till tomorrow.

Kunal Bahl expects Snapdeal to turn profitable in next 2 years

Kunal Bahl expects Snapdeal to turn profitable in next 2 years

Mon, Feb 06, 2017

Despite reporting a loss of Rs 29.6 billion ($441 million) in the financial year to March 31, 2016, the CEO expects Snapdeal to turn profitable in the next 2 years.

Alibaba to officially enter India by funding Rs 1700 crore in Paytm

Alibaba to officially enter India by funding Rs 1700 crore in Paytm

Fri, Feb 03, 2017

An official announcement on the deal is likely to be made in coming weeks.

Amazon announces Honor 6X sale, 14GB free data on Airtel

Amazon announces Honor 6X sale, 14GB free data on Airtel

Sat, Jan 28, 2017

E-commerce major, Amazon India has announced a new sale on the recently launched Honor 6X, which was made available exclusively on Amazon, along with other discounts and offers.

Alibaba's financial arm acquires MoneyGram

Alibaba's financial arm acquires MoneyGram

Fri, Jan 27, 2017

"The acquisition of MoneyGram is a significant milestone in our mission to bring inclusive financial services to users around the world," Eric Jing, chief executive officer of Ant Financial Services Group in a statement last night.

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