Flipkart owner not surprised by Facebook’s Jio investment
Last month, Facebook had bought 9.9% stake in Jio Platforms for Rs 43,574 crore, making it the largest minority shareholder in the holding firm of Reliance Industries’ digital businesses including Reliance Jio Infocomm.
Big brands unmask a hot new sales category
Amazon and Flipkart have asked apparel brands and suppliers to up their production of masks. For a...
Behind Amazon’s HQ2 fiasco: Jeff Bezos was jealous of Elon Musk
Then in 2017, an Amazon executive sent around a congratulatory email laudin...
The Budget move that leaves Amazon, Flipkart sellers with less money in hand
E-commerce marketplaces including Snapdeal, Amazon and Flipkart have approached the government through industry body Ficci seeking a reversal of the budget proposal.
Amazon launches food delivery service in India
Amazon has been luring eateries with competitive commissions as a part of its larger plan to build a comprehensive product portfolio.
Vinod Nambiar joins More Retail as MD
Nambiar joins the 650-odd store retail major with over 30 year experience in Hindustan Unilever India and Colgate. He was earlier with Colgate in his last assignment where he was the president for Asia-Pacific region and was also the chairman for Indian operations. He takes over the responsibility from Sumeet Narang who is the founder and managing director at Samara Capital.
Amazon India expands packaging-free shipping to over 100 cities
Amazon first launched PFS in India in June 2019 in nine cities and within a year, the company said in a statement it has been able to expand this programme to more than 100 cities.
New items in cart: Guitars and robot vacuums
Buying patterns are largely getting dictated by life’s travails under lockdown, major online marketplaces and retail chains say. Denied the comfort of domestic help doing the cleaning, and/or the cook doing lunches and dinners, the relatively better off are buying more labour-saving household devices that get the job done.
Coronavirus impact: Ecommerce operations resume but deliveries may move in slow lane
E-grocers BigBasket and Grofers, ecommerce firms Amazon and Flipkart, as well as B2B platforms Jumbotail and Udaan cautioned consumers and kirana stores to expect delayed deliveries as they deal with operational upheaval caused by the restriction on manufacturing and movement of goods, and people.
As e-commerce platforms resume ops gradually: Parents crowd aisles for kids' clothes
Companies including Arvind Fashions, Flipkart, Amazon, Madura Fashion & Lifestyle, Puma, Myntra, Bestseller India and Snapdeal have seen sales from the segment nearly treble, making them one of the top sellers since the last phase of relaxation in lockdown rules.
Amazon.com nears deal for up to 10% of Future Retail
India’s No. 2 retailer by turnover, Future is seeking a valuation of about $281 mn from Amazon for 10% stake.
A grocery tycoon races to keep India fed and his company afloat
Biyani is trying to prop up his supermarket empire besides ensuring his grocery stores has enough stock.
Govt committed to ensuring supply of essential goods: Piyush Goyal
Union Minister Piyush Goyal on Thursday said the government is committed to ensure uninterrupted supply of essential goods to the public. In...
No cash as Etailers go completely contactless
Contactless delivery means that an ecommerce or food package is prepared, packed and delivered under the strictest health and safety standards and procedures designed to minimise or eliminate contact between the delivery partner and the end consumer.
E-retailers still facing delivery challenges amid coronavirus lockdown
According to a senior industry executive, who did not wish to be named, e-commerce companies are finding it difficult to procure passes for their logistics and delivery staff separately for each state. The person said the process is time-consuming and instead the government can look at alternate mechanisms like digital identity checks.
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