Page 12 - Ecommerce

Jeff Bezos makes first-ever investment in southeast asia's e-commerce

Indonesian startup Ula offers technology solutions to small retailers and seeks to expand its base.

Myntra adds warehouse in Kolkata, bolstering storage before festive season

Fashion e-tailer Myntra on Monday said it has set up a fulfilment centre in Kolkata and strengthened its supply chain network across the country ahead of the upcoming festive season.

Flipkart prepones dates of flagship sale event to a day Amazon's event

In an email addressed to employees, Kalyan Krishnamurthy, CEO, Flipkart Group said the company has the potential to make a deep positive impact on the lives of everyone who engages with it

Flipkart Wholesale expands into general merchandise ahead of festive season

Flipkart Wholesale competes with players such as Udaan, Amazon and Reliance's JioMart

Amazon puts Rs 450 cr in India digital payments arm ahead of festive season

The funding for Amazon Pay came from Singapore-based Amazon Corporate Holdings Private Limited and Mauritius-based entity 'Amazon.com Inc Limited'

E-commerce firms Amazon, Flipkart may clock $9 bn in gross festive sales

Overall online GMV expected to touch $49-52 bn, up 37% from last year, driven by strong consumer funnel expansion and high adoption of online shopping post-Covid

Udaan names co-founder Vaibhav Gupta as CEO, eyes IPO in 18-24 months

The other two co-founders, Amod Malviya and Sujeet Kumar, as Board members will actively work with Gupta to ensure the company effectively transitions to a CEO-led structure

Snapdeal opens 130 distribution hubs across India ahead of festive season

Most of these hubs are in Maharashtra, Karnataka, Telangana, and UP; Snapdeal has also augmented its logistics network in J&K and North-East

CavinKare announces business restructuring, ropes in Gen Next

CavinKare indicated that the business will be split into mainly four different streams - FMCG, ecommerce, retail and research and development.

Traders slam NITI Aayog over divergent view on draft e-com policy

Industry fear change in business model, if these draft rules are implemented

CAIT slams Niti Aayog for interfering in e-commerce rules

CAIT slammed the Niti Aayog for interfering in the e-commerce Rules proposed by Consumer Affairs Ministry, said that such a line taken by Niti Aayog seems to be under pressure of e-commerce giants

Real national interest

E-commerce spat reveals deeper faultlines

Decoded: Why commerce minister Piyush Goyal is peeved at some in India Inc

Indian industry would import even if it helped them save just 10 paise in the finished cost of goods, and then lobby to avoid the levy of anti-dumping duties on such imports, Goyal said

Amazon to end partnership with Murthy's Catamaran Ventures from May 2022

The two partners on Monday announced they have mutually decided to not continue their joint venture beyond the end of its current term

Colloquial searches: Flipkart's voice feature lets users converse with app

Metro cities contribute over 19% of voice searches, with New Delhi at the top

Flipkart bets big on social commerce, a $70 bn market by 2030

Today 70% of Flipkart's customers come from tier-2 and tier 3 cities and with Shopsy, Flipkart aims to scale this to 90%

ED slaps Rs 10,600-crore notice on Flipkart for forex violations

The probe reflects discrepancies in Flipkart's structuring operations, according to the official

Competition Commission open to probe Flipkart, Amazon separately

The two e-commerce giants are currently named in a single complaint, which is being probed by the anti-competition watchdog

Prione's 'mission' is to enable 25 mn businesses in e-commerce: CEO Jathar

Company is a joint venture between Amazon and Catamaran Ventures; it is aiming for 20 per cent year-on-year growth.

The opportunities and challenges for India's social commerce start-ups

Industry experts say there are, however, some basic hurdles that video-based commerce needs to overcome to be successful in India