Both Flipkart and Amazon are expected to burn well above $1-1.5 billion in the current fiscal year
Flipkart's reported talks with Hotstar come at a time when there is a high demand in the country for video streaming services like Netflix and Amazon Prime Video
Flipkart revised its rate card in August; claims driving maximum profits for sellers in India
The firm expects the festive season over the next two months to drive the share to 50%
Firm expects the sale, first after Walmart bought 77% stake, to be its largest ever
We don't strategise looking at our competitors, Flipkart CEO said
Issuance of shares in lieu of media firm's Rs 2.6 billion investment in the ecommerce major in 2017
The startup's technology will allow Flipkart to build voice-enabled shopping in multiple Indian languages
Amazon had adjusted its seller commissions in June, again targeting low-cost items
The Flipkart Plus is currently available as a part of new app update, however, only for limited set of users
In Flipkart Plus, the company would offer several exclusive benefits such as free delivery, early access to sale events and rewards across brands based on the frequency of transactions customer makes
eBay had forayed into India in 2004 and commenced operations through Bazee.com
Flipkart is offering discounts, exchange offers, no cost equal monthly instalment scheme and buy back add-ons at discounted rates on smartphones under its Big Shopping Days sale
The e-commerce major is also expanding its delivery reach through logistics arm eKart
Firm sets target to drive Rs 90 billion in gross merchandise value from sales of large items
E-commerce firm in process of getting NBFC licence, to lend to consumers and sellers initially
It has launched five private labels over the past year and is looking to drive exclusive label partnerships with global brands
This year, Flipkart expects 60-70 per cent of its 2,000-odd engineering team, including subsidiaries, to be part of the Hack Day
Expect an increase by 2nd quarter of this year
The Company enters exclusive online partnership with Vietnam's Mobiistar to bring sub-Rs 10,000 devices here