E-commerce: News

05 May 2020

Xiaomi

Mi Commerce, Xiaomi's new e-commerce platform to boost sales

In a bid to boost sales in a market hit by the novel coronavirus pandemic, Xiaomi is launching a new e-commerce service called 'Mi Commerce'.

20 Apr 2020

Flipkart

#LockdownRelaxation: Industries which will be operational from April 20

India entered the second phase of the coronavirus-enforced lockdown on April 15, after Prime Minister Narendra Modi announced the extension of the nationwide lockdown till May 3 to contain the spread of the deadly COVID-19.

#Lockdown: MHA changes rules again, only essentials to be delivered

The Ministry of Home Affairs on Sunday introduced changes in guidelines for the operations of e-commerce websites during the lockdown.

26 Mar 2020

India

Amid India lockdown, delivery boys allegedly harassed by police

Even though essential services such as food and groceries are exempted from the 21-day lockdown in India, e-commerce companies faced disruption of services.

01 Nov 2019

India

A Singaporean company bought (unicorn) ShopClues for peanuts

ShopClues, a once-popular marketplace in India's online shopping space, has been acquired by Singapore-based e-commerce platform Qoo10 in an all-stock deal.

14 Oct 2019

Bahrain

Online retailer Bewakoof.com receives $11.28 million funding

Mumbai-based Bewakoof.com, the e-commerce platform which sells creative and distinctive fashion apparel at affordable prices, has raised $11.28 million funding in venture round.

15 Sep 2019

Flipkart

Traders' body seeks blanket ban on Amazon, Flipkart festive sales

Recently, the Confederation of All India Traders (CAIT) urged the government to ban festive season sales conducted by e-commerce companies like Amazon and Flipkart.

10 Sep 2019

Alibaba Group

#AnEraEnds: Alibaba co-founder Jack Ma hangs up his boots

After spending two decades at Alibaba's helm, Jack Ma stepped down as Chairman of the e-commerce giant on Tuesday, his 55th birthday.

13 Feb 2019

Indonesia

How 27-year-old Ankiti Bose built a $1bn fashion start-up

On Tuesday, Singapore-based online fashion retail site Zilingo Pte raised $226mn to fund its expansion to Australia, Indonesia, and the Philippines.

29 Jan 2019

Flipkart

Worried Flipkart wants six-month delay in implementing new e-commerce rules

American retail giant Walmart-owned Flipkart has written to the government that it faces "the risk of significant customer disruption" if the deadline for implementing the new e-commerce curbs, which could cause huge disruption in the space, isn't extended by six months.

18 Jan 2019

India

Reliance to enter e-commerce sector to take on Amazon, Flipkart

The e-commerce landscape in India might change soon as Mukesh Ambani has announced his plans to enter the sector.

11 Dec 2018

India

#FinancialBytes: 5 best cashback websites to save money

Everyone loves to shop online but when it comes to saving money on their purchases, many don't have a clue on how to save.

10 Dec 2018

Flipkart

Flipkart looks to abolish Myntra CEO post, Ananth Narayanan resigns

Weeks after denying he has no reason to quit Myntra, CEO of fashion-focused e-commerce arm of Flipkart, Ananth Narayanan, has reigned, LiveMint reports. Further, the company is seeking to remove the post altogether.

08 Nov 2018

Flipkart

CCI concludes Flipkart, Amazon not violating norms, rejects vendors' complaints

Fair trade watchdog Competition Commission of India (CCI) has concluded that the business practices of Flipkart and Amazon aren't in violation of competition norms and rejected allegations of abuse of market dominance made by a grouping of online vendors.

17 Oct 2018

Smartphones

Man orders mobile phone from online site, gets brick instead

A man in Aurangabad, Maharashtra has filed a complaint against a leading online retailer for allegedly sending him a piece of brick instead of a mobile handset that he ordered.

05 Sep 2018

Amazon

Amazon reaches $1 trillion mark, but that's just the start

On Tuesday night, Amazon's shares briefly touched $2050.50, taking the e-commerce giant's market capitalization to $1 trillion, and making it the second company after Apple to touch the mark.

29 Aug 2018

Paytm

5 exclusive features that Paytm offers

Paytm was founded by Vijay Shekhar Sharma in August 2010; it is based out of Noida.

19 Aug 2018

India

Walmart completes acquisition of Flipkart, pumps in $2bn

On Saturday, Walmart announced that it had completed its $16bn acquisition deal with Flipkart.

12 Aug 2018

DLF

Malls evolving to entertainment-cum-shopping centers as retailers woo away customers

As e-commerce continues to eat into traditional retail including modern trade, shopping malls are remodeling and rearranging themselves as recreation centers offering a "shop entertainment" experience to customers, say industry experts.

05 Aug 2018

India

Godrej Consumer Products eyes 5% e-commerce revenues in 3-4 years

Homegrown FMCG firm Godrej Consumer Products (GCPL) is bullish on the prospects of e-commerce and is expecting 5% of its revenues to come from this channel in the next three to four years.

31 Jul 2018

Flipkart

#NewPolicy: Are these the last days of cheap online shopping?

Online shoppers might be in for some bad news if the government's new draft e-commerce policy is approved.

24 Jul 2018

India

#EndOfAnEra: Flipkart to shutdown eBay.in in August

According to ToI, Flipkart is all set to shutdown one of India's oldest e-commerce sites, eBay.in, marking the end of an era.

19 Jul 2018

Flipkart

Flipkart-sale ends today: Best gadgets to buy under Rs. 1,000

Flipkart's Big Shopping Days sale is coming to an end today. The e-commerce giant is offering mega-discounts and exclusive deals across several product categories including smartphones, gadgets, mobile accessories, appliances and fashion wear.

04 Jul 2018

Maharashtra

In 10 days, Maharashtra relaxes plastic ban yet again

The Maharashtra government is a confused lot. Since a plastic ban was imposed 10 days ago, it has changed rules at least twice.

01 Jul 2018

India

Maharashtra government likely to ban plastic packaging of e-commerce products

Maharashtra government is likely to ban plastic packaging of e-commerce products as well as plastic bottles below 200ml capacity for water and beverages.

25 Jun 2018

Reliance Industries

Reliance Jio enters e-commerce space with app for offline merchants

Making its first big foray into the Indian e-commerce space, Mukesh Ambani-led Reliance Jio is set to launch a dedicated app for kirana or neighborhood general stores.

24 Jun 2018

Flipkart

Google plans to enter the e-commerce space from Indian market

Google is reportedly planning to debut into the e-commerce space from the Indian market. In fact, it might launch an e-commerce platform by Diwali this year.

15 Jun 2018

Snapchat

Snapchat launches privacy-safe developer kit called Snap Kit

Snapchat has announced the launch of its much-awaited Snap Kit - a tool for third-party developers to integrate with Snapchat and its features.

22 May 2018

Startups

Gurugram start-up Milkbasket raises $7mn in funding

Gurugram-based micro-delivery start-up, Milkbasket, has raised $7mn in a Series A funding round led by Bengaluru-based Kalaari Capital and Singapore-based BeeNext.

09 May 2018

India

Walmart buys 77% stake in Flipkart for $16 billion

The cat is finally out of the bag - Walmart Inc. has announced its acquisition of India's leading e-commerce platform, Flipkart, for a whopping $16bn, taking 77% stake. This makes it the world's most expensive e-commerce acquisition, so far.

26 Mar 2018

India

Flipkart is reinventing its back-end technology by infusing Artificial Intelligence

For any successful business, and especially in an e-commerce space, back-end technologies must scale proportionally with the fast-growing demands.

17 Feb 2018

Flipkart

Walmart may soon buy more than 40% of Flipkart: Reports

In a direct attack on Amazon, American retailer Walmart may soon buy more than 40% of India's e-commerce giant Flipkart. The talks are to begin from next week, Reuters reported on Friday.

31 Jan 2018

India

Walmart to acquire minority stake in Flipkart, compete with Amazon-India

The world's largest retailer, US-based Walmart Stores, is in advanced discussions to buy a significant minority stake in India's leading e-commerce company Flipkart, reported Economic Times.

03 Jan 2018

Flipkart

Flipkart's Bansal brothers set up new company, Sabin Advisors

In a quiet move, Flipkart founders Sachin Bansal and Binny Bansal set up a new company, Sabin Advisors, in December, 2017, reportedly for new businesses, that could range from venture capital funding to insurance.

02 Jan 2018

Google

Amazon offering massive Rs. 36,000 discount on Google Pixel XL

Amazon India, offering a nearly 50% discount, has listed the first-generation Google Pixel XL (128GB) for Rs. 39,990, slashing its price by Rs. 36,010.

31 Dec 2017

Indian Startups

Drones, chatbots, AI: How will Indian e-commerce change in 2018?

The Indian e-commerce industry has been growing by leaps and bounds. Till 2016, it made up 2% of the total retail market, but this number is set to rise to 12% by 2026.

17 Dec 2017

Flipkart

Here's your chance to get "iPhone 8" for Rs. 59,999!

E-commerce giant Flipkart is running a three-day "New Pinch" sale (15-17 December) in which it is offering big discounts on all variants of the world's "Most Searched Smartphone for 2017" - the iPhone 8.

28 Nov 2017

Aadhaar Card

Amazon makes linking Aadhaar mandatory for tracking lost packages

If you thought you'd linked your Aadhaar number with everything imaginable, you're mistaken. The list of products, services demanding mandatory linking is only getting longer each day.

13 Nov 2017

India

Indian start-up 'Buttalks' is helping men buy better underwear

At a time when internet-based companies are changing the way Indians pay bills, buy groceries, and commute, three Chennai-based entrepreneurs (Brijesh Devareddy, Surej Salim, and Manish Kishore) are using an e-commerce platform to help Indian men buy better underwear.

12 Nov 2017

Alibaba Group

Singles' Day: Alibaba generates $25.3bn sales; more than Iceland's GDP

Chinese e-commerce giant Alibaba's Singles' Day on 11th November saw the company make around 168.2 billion yuan ($25.3 billion) in sales - more than Iceland's GDP - in just 24-hours.