Tag: E Commerce

Flipkart Amazon
E-com Players Gear Up For Record Festive Sales As India Reopens

This year, as retail shops reopen and Covid cases slow down, Indians are expected to buy goods worth a whopping $9 billion (Rs 64,000 crore) across e-commerce platforms

  • Friday, 01 October 2021
E-commerce platforms set to launch festive sales from Wednesday

New Delhi: It is time again to loosen your purse strings! With attractive deals and huge discounts across various categories on offer, almost all major e-commerce platforms are geared up to commence their sales for the festive season. While e-commerce giant Flipkart and the online retail platforms it owns — Jabong and Myntra — will […]

  • Friday, 23 July 2021
Use e-Commerce platforms to promote handicrafts, Baijayant urges Centre

New Delhi: Senior BJD leader and Kendrapara MP, Baijayant Panda today urged the Union Textiles ministry to use e-Commerce platforms for promotion of handicrafts. “Instead of spending time, energy and effort from the government and a large budget, it would be much simpler, cheaper and faster if the Textile ministry can provide facilities to the […]

  • Tuesday, 20 July 2021
Walmart acquires 77% stake in Flipkart Group

Bengaluru: Retail giant Walmart Inc. on Saturday acquired approximately 77 per cent stake in e-commerce major Flipkart. According to a statement, Walmart now holds approximately 77 per cent of Flipkart, while the remainder of the business is held by other shareholders, including Flipkart co-founder Binny Bansal, Tencent, Tiger Global and Microsoft Corp. Walmart’s investment includes […]

  • Thursday, 08 July 2021
36.8 million jobs by e-commerce giant Alibaba!

Beijing: Chinese e-commerce giant Alibaba created over 36.8 million jobs in 2017 via its expansive retail ecosystem, a report showed.   The company’s various e-commerce platforms like Tmall and Taobao, which cover over 500 million consumers, offered about 14.05 million jobs to online retailers in 2017, Xinhua news agency quoted the Renmin University of China […]

  • Wednesday, 07 July 2021
Google Pixel XL gets massive price cut

New Delhi:The price of the first-generation Pixel XL “quite black” colour variant was slashed by Rs 36,000 on e-commerce platform Amazon on Tuesday. Still tagged as one of the most bankable devices that offer pure Android experience, the smartphone that earlier cost Rs 76,000 is now available for Rs 39,999. Meanwhile, the newer Pixel 2 […]

  • Tuesday, 06 July 2021
Alibaba's shopping fest to feature 140,000 brands

Hangzhou (China): Alibaba, the Chinese e-commerce giant, is all geared up for its upcoming 11.11 Global Shopping Festival scheduled on November 11. As per reports, the annual sales event will see participation of as many as 140,000 brands this year. “Over 140,000 brands will participate in this year’s 11.11 festival, offering more than 15 million […]

  • Tuesday, 06 July 2021
Farm Taaza raises $8 mn for investing in technology

Bengaluru: Emerging e-commerce startup GS Farm Taaza Produce Ltd said on Friday it had raised $8 million (Rs 52 crore) in the first round of funding to invest in scaling its technology platform. “We have raised $8 million from multiple investors, including Hong Kong-based Epsilon Venture Partners to scale our business by using the fund […]

  • Tuesday, 06 July 2021
SoftBank Vision Fund invests in Flipkart

Bengaluru/New Delhi: E-commerce major Flipkart on Thursday said it has received investment from SoftBank Vision Fund becoming one of the largest shareholders in the company. After this financing round, Flipkart will have in excess of $4 billion of cash on its balance sheet. SoftBank Vision Fund is the global technology-focused investment fund. “This is the […]

  • Monday, 05 July 2021
Amazon launches Prime Now in Singapore

Singapore: E-commerce giant Amazon on Thursday launched its Prime Now service in Singapore, a move seen as the start of its expansion in Southeast Asia, the media reported. The Singapore service promises two-hour delivery on items including groceries and electronics, reports the BBC. Amazon Prime is a service available to Amazon customers who pay an […]

  • Monday, 05 July 2021
Flipkart, Amazon top LinkedIn's companies list

New Delhi: E-commerce companies Flipkart and Amazon, for the second year in a row topped LinkedIn India’s top companies list 2017, a statement said here on Thursday. The professional network site on the Internet said the list is fuelled by exclusive LinkedIn data, including job seeker reach, engagement and retention. LinkedIn has around 500 plus […]

  • Monday, 05 July 2021
'E-commerce term too wide in GST, may cover commodity exchanges'

New Delhi: Industry chamber Assocham on Sunday asked the government to clearly define the scope of e-commerce under the Goods and Services Tax (GST) regime, as the current definition is wide enough to even cover commodity derivatives exchanges. “E-commerce definition, as given in the Goods and Services Tax (GST) dispensation, has been left so wide […]

  • Monday, 05 July 2021
Amazon deal to help tap buyers in non-metros: Shoppers Stop

New Delhi: The partnership with e-commerce major Amazon would help Shoppers Stop tap customers from non- metro markets and scale up its financial performance, a top official of the Mumbai-based retailer said. The partnership would allow Shoppers Stop list its entire portfolio of over 400 brands on Amazon.in and vise-versa Amazon experience centres will be created […]

  • Tuesday, 29 June 2021
Best proce
Walmart launches e-commerce platform for Punjab wholesale business

Chandigarh: Leading wholesale chain Walmart India Thursday announced the launch of its B2B e-commerce platform for all members of its ‘Best Price’ modern wholesale stores. The facility will be available at Best Price stores in Jalandhar and Ludhiana. “All members of Best Price stores in the two cities can now log on to www.bestprice.in, book […]

  • Monday, 21 June 2021
Kerala imposes Rs.54 cr fine on e-retailers

The commercial taxes department of the Kerala government has imposed a Rs.54 crore fine on some e-commerce companies and portals. More such companies will be fined, said a top official

  • Monday, 21 June 2021