Page 8 - E-commerce Firms

E-commerce firm Bukalapak prices Indonesia's biggest IPO at top end: Report

Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering, the country's largest issue, after pricing it at the top of an indicated price range

Govt-appointed council on curbing digital monopolies holds first meeting

The council deliberated on several issues concerning the formation of the ONDC platform and setting out basic fundamentals of this platform, CAIT said in a statement

Flipkart's valuation crosses $37.6 bn after raising $3.6 bn in funding

Flipkart is now among the 10 largest e-commerce companies in the world by valuation, according to experts

Amazon launches Digital Kendra to empower Indian businesses with e-commerce

It will help MSMEs recover their businesses from the recent challenges, bring benefits of e-commerce and help them reach customers in India and globally.

E-commerce firm DealShare's valuation crosses $455 mn after raising $144 mn

The firm, which runs an e-commerce platform for middle and lower-income consumers, expects to hit a $1 bn GMV run rate by year-end and build a 10 mn-strong customer base

Nandan Nilekani to join govt panel on curbing digital monopolies

Idea is to give 'free and fair' choice to buy products on online platform

10club raises $40 mn in one of largest seed rounds in e-comm roll-up space

The funding round was co-led by Fireside Ventures and an international investor active in the space

Many large e-comm firms have blatantly flouted laws of land: Goyal

All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests, Commerce and Industry Minister Piyush Goyal said

Govt may tighten 'country of origin' norms for e-commerce players

E-commerce policy expected to be finalised by end of June

Could government-run GeM be a candidate for listing on Indian bourses?

If the listing does happen, the scale could be comparable to what the LIC public issue will be in the insurance sector

Competition law in digital platform era

Are we running a cricket match using football rules?

Delhivery raises $275 million funding, valuation rises to over $3 billion

Delhivery on Monday said it has raised USD 275 million in a primary funding round, led by Fidelity Management and Research Company

Flipkart begins Covid-19 vaccinations for its front-line staff in India

The Walmart-backed e-commerce firm has relaxed the deadline for this year's goal-setting so that employees can completely focus on their health and well being.

Waiting periods go up for e-commerce deliveries amid second Covid wave

Apart from lockdowns acting as a deterrent, extra precautions are being taken by e-commerce companies while packaging to ensure hygiene and sanitation, which often pushes up delivery timelines

Amazon expects spring windfall as US economy reopens, posts record profits

Amazon said it expects operating income for the current quarter to be between $4.5 billion and $8 billion, which assumes about $1.5 billion of costs related to Covid-19

A fair and essential policy for retailers

E-commerce players must be allowed to ship non-essential items as there is no room for favouritism in govt policy in a pandemic

Jeff Bezos' big bang theories

Book review of Working Backwards: Insights, Stories and Secrets from Inside Amazon

Explained: How Amazon future CEO Andy Jassy became Jeff Bezos' shadow

Andy Jassy, AWS CEO and incoming CEO, Amazon, says it is very early days, with respect to what Amazon is hoping to enable for customers in India

Covid-19 curfews: Nasscom says laptops and chargers are 'essential'

In its letter to the MIDC, Nasscom has stressed the need for a clarification while stating that e-commerce companies must be allowed to deliver all goods and services

Flipkart V-P and group general counsel Bijoya Roy quits e-commerce giant

Roy has joined French spirits group, Pernod Ricard, as general counsel for South Asia and will take up the new role on April 12, 2021, according to the sources