Flipkart and Amazon clock Rs 31,000 crore in festive sales
The average order value for Flipkart stood at Rs 1,976 versus Rs 1,461 on Amazon, indicating that customers bought higher-value items from the Walmart-owned marketplace. Flipkart led with 64% share of the combined gross sales while Amazon continued to fare higher in net promoter score (NPS). NPS measures the loyalty of customers to a company.
Snapdeal in talks for $100m at valuation of $800m-1.2bn
The new round is expected to benchmark a new valuation for Snapdeal besides testing i...
Ex-Housing CEO in fray for WeWork top job
When asked about the development, a SoftBank spokesperson said, “We don’t comment on speculation.”
E-tailers meet data panel, show varying flexibility on sharing data with government
Ecommerce companies Amazon, Walmart-owned Flipkart and Snapdeal presented views on possible data localisation, sharing aggregate customer data with the government and potential data portability on Tuesday.
A billion-dollar dream: Kiran Mazumdar-Shaw feels agriculture sector will be big in India, abroad
The Biocon CMD said that the agri sector comes with amazing technologies and big opportunities.
Coach Ameet Parekh shares tips on fast-tracking business and getting better results
In his seminar, business coach Ameet Parekh shares his strategy to grow a sustainable business.
$24 million funding takes Amica pre launch valuation to $70 million
A host of investors are banking on new age startups for bumper returns. The latest funding secured by Amica is backed by a list of institutional investors including Greyhound Capital, 3One4 Capital, Germany’s Rocket Internet and Sequoia Capital.
Wish to become an entrepreneur in India? Snapdeal co-founder Kunal Bahl says the best time is now
Bahl gave credit to the Modi government for promoting startups and giving them plenty visibility.
Snapdeal records 52% rise in Diwali sales volumes
Nine out of every 10 orders received on the platform were from non-metro towns in the country, said Snapdeal, which now has more than 500,000 registered sellers.
Oyo's Ritesh Agarwal, top execs to pool individual angel investments through Raaga Partners
Raaga would be a pooled investment vehicle for founding team at Oyo to make collective bets on select startups. The move mirrors previous efforts by India’s top entrepreneurs- including Snapdeal founders- to create separate vehicles for their personal investments.
A dream come true: An elated Jason Kothari talks about bringing his favourite superhero to life
Kothari had an essential role to play in bringing 'Bloodshot' to life.
Snapdeal to launch 3 e-stores for festival essentials
Snapdeal said the e-store will also have all products required for the Diwali pooja, including idols of Lakshmi and Ganesh.
E-shoppers load festive carts with affordable goods
Flipkart and Amazon were expected to rake in a cumulative $5 billion in sales, or gross merchandise value, during the festival sale season as reported by ET.
Snapdeal partners with RuPay for festive discounts
Snapdeal also said upcoming metros as well as tier II and tier III cities are some of its biggest markets.
Online leather accessory brand Brune & Bareskin signs Harbhajan Singh as brand ambassador
Earlier this year, Brune & Bareskin was roped in by the BCCI for bespoke backpacks, duffle bags and oxford shoes for the Indian cricket team for the world cup in England.
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