Page 24 - Flipkart

Flipkart onboards 35% more sellers in 2020 amid e-commerce surge

Online shopping has surged amid the pandemic this year

Flipkart Internet revenue up 32% to Rs 6,318 cr; losses increase 19%

The revenue of the company is mainly generated from e-commerce, information technology-enabled services, marketplace and related support service

Flipkart Mobile Awards 2020: iPhone 12, Samsung F41, & Realme among winners

Micromax, who made a comeback in the Indian smartphone market with its IN Note 1, 1B smartphones in the entry level segment, also made it to the list

Nokia PureBook X14 thin-and-light laptop launched in India at Rs 59,990

The Flipkart-exclusive laptop will be available for preorders from December 18, 2020

Over 5,000 employees from Walmart India joining Flipkart Wholesale

The e-commerce firm said job offers made to staff at Walmart India have been aligned to similar roles at Flipkart in terms of pay, responsibility and profiles based on industry best practices

Walmart commits to sourcing $10 bn of India-Made goods each year by 2027

To accelerate its India exports, Walmart will strengthen the development of the supply chain ecosystem in India

Great leaders will make good policy decisions in India: Walmart CEO

McMillon said that competition with Amazon, Reliance, and Paytm is good as it will improve services, bring down costs for consumers and give additional value to producers

Karnataka HC to hear CCI petition against Amazon, Flipkart in January

In October, the CCI appealed in the Supreme Court against the Karnataka High Court's interim stay on its probe against the e-commerce firms

The next online tonic: E-majors, corporate giants eye e-pharmacy business

Amazon, Reliance recently announced their foray into e-pharma sector

Flipkart mobile bonanza sale: Know deals, discounts, bank offers, and more

Flipkart is also offering an additional discount of Rs 1,750 on HDFC credit card and EMI on debit/credit cards on minimum transaction of Rs 25,000

With $700-mn war chest, PhonePe to fight Google, Amazon in rural India

PhonePe recently crossed the 250-million registered user milestone, with over 100 million monthly active users generating nearly 1 billion digital payment transactions in October alone

Flipkart unveils 2GUD Local to connect offline retailers with customers

The new format will offer offline stores, brands an opportunity to unlock benefits of technology and social commerce hybrid retail model to reach millions consumers

Flipkart extends work from home for its 12,000 employees till May end

Employees can take 'unlimited bereavement leaves' in case of loss of a family member; teams that have been attending office on a roster basis will continue to do so

Flipkart partially spins off PhonePe in $700 million fundraising round

E-commerce major Flipkart announced a "partial spin-off" of PhonePe as the digital payment firm raises $700 million in funding, valuing it at $5.5 billion

SC stays NCLAT order for competition watchdog's probe against Flipkart

The NCLAT had held the prima facie Flipkart had contravened Section 4 of the Competition Act, 2002 which is connected with the abuse of dominant position and predatory pricing.

Flipkart India revenue grew 12% to Rs 34,610 cr in FY20; losses dropped 18%

The company's total expenses for the year were reported at Rs 37,760 crore. During FY20, the company allotted total equity shares worth Rs 4,455 crore to Flipkart Private Limited Singapore

CAIT alleges violation of FDI norms by e-commerce firms, writes to PM Modi

Traders' body CAIT wrote to Prime Minister Narendra Modi seeking "strong action" against e-commerce firms for alleged violation of FDI policy by them

US-focused disounts make Black Friday sale a white space in India

Post-Diwali weeks are dull here as most of the shopping budget is spent during Dussehra and Diwali period in the country

Amazon, Flipkart, and others clock $8.3 billion in festive gross sales

The festive season this year saw 88 per cent customer growth from last year, which was driven by 40 million shoppers from tier-2 cities and beyond

In final stages of consolidating Walmart India: Flipkart Wholesale

In July, Flipkart announced the acquisition of Walmart India for an undisclosed amount, and launched 'Flipkart Wholesale'