With the pandemic bringing about a change in consumer behaviour and an increase in online adoption, Flipkart has been focusing on enhancing consumer experiences by strengthening tech capabilities
Walmart International CEO Doug McMillon says group committed to high-value markets like India.
In a bid to offer more immersive experiences to its consumers, Flipkart Group on Tuesday announced the acquisition of Bengaluru-based Augmented Reality company Scapic for an undisclosed sum
The Nokia Smart TV 50-inch, priced at Rs 33,999, seems to best represent Flipkart's new range of value-for-money products
The deal is expected to help Mukesh Ambani-headed RIL take on players such as Amazon, Flipkart, Ikea, and smaller rival Pepperfry
Dhanteras marks the beginning of Diwali festival and considered to be an auspicious occasion to buy precious metal in India
Convenience and comfort of ordering from homes apart from discounts pushing people to choose e-commerce over offline
The Walmart-owned firm is exploring strategic funding in multiple online-offline retailers and technology companies quite like rivals Amazon and Reliance JioMart
Fipkart says these sellers are continuing to grow rapidly with the pandemic accelerating shift to e-commerce
Walmart-owned company sees strong trend of casual gamers going on to become early shoppers
Speculation had also mounted of possible acquisitions of Urban Ladder and Milkbasket in online furniture and grocery delivery spaces respectively, though the deals haven't fructified yet
The coronavirus pandemic has accelerated the shift to e-commerce, with an increasing number of consumers shopping online at a higher frequency
The Walmart-owned firm is looking at an online-offline business combination, quite like rivals Amazon and Reliance JioMart.
Being an industry leader, the role that Flipkart plays is to expand the market, says Krishnamurthy
Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68% of the total sales as the country saw a massive 55% (year-on-year) growth
SC has asked the High Court to decide on the matter within a period of six weeks
The Walmart-owned firm is in a race with rivals Amazon and Reliance's JioMart, who are also following a similar strategy
The promoter and promoter group companies of Aditya Birla Fashion will hold about 55.13 per cent stake upon completion of the issuance
On completion of this transaction, ABFRL would have successfully executed a capital raise of Rs 2,500 crore since April 1, 2020
The investments are part of the strategy for these e-commerce giants to tap India's $1.2 trillion retail market