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Latest Articles in ecommerce

MobiKwik To Invest Rs 300 Crore For Business Growth

Mobile wallet major MobiKwik on Thursday announced an investment of Rs 300 crore for expansion aimed at growing its user base from current 50 million to 150 million in 2017

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Snapdeal To Lay Off 600 People Over Next Few Days

SoftBank-backed Snapdeal will layoff around 600 people across its e-commerce, logistics and payments operations over the next few days.

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E-commerce Expected To touch $50-55 Billion By 2021, Says Study

E-commerce market is expected to be at $50-55 billion by 2021 from the current $6-8 billion, according to a recent report

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Flipkart, Amazon, Snapdeal Flag Worries Over TCS Clause In GST

Online retailers Flipkart, Snapdeal and Amazon on Thursday came together to raise concerns about the tax collection at source clause under draft model GST law, saying it could result in a capital lock-down for sellers and discourage them from selling online

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SoftBank-backed E-tailer Snapdeal Predicts Profits In 2 Years, Says CEO Kunal Bahl

Indian e-commerce firm Snapdeal expects to turn profitable in the next two years, its CEO said, as the company cuts costs and boosts efficiency in a market currently dominated by homegrown Flipkart and US internet giant Amazon

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Digital Advertising To Cross Rs 255 Billion Mark In 2020

Digital advertising in the country is expected to cross the Rs 255 billion mark in 2020, growing at a CAGR of 33.5 per cent, a CII-KPMG report said

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Mastercard To Tap Growing Indian E-commerce Market

Identifying India as one of the fastest growing e-commerce nations Mastercard has said it will expand its investment by over 30 per cent in tune with Indian government's 'digital India' initiative

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Amazon India To Empower Tribal Entrepreneurs

Amazon India signed a Memorandum of Understanding with the Gujarat Tribal Development Department during the Vibrant Gujarat Global Summit 2017

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2017 Will Be A Defining Year For Flipkart, Says Sachin Bansal

2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said

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Fresh Round Of Reshuffle At Flipkart

India's leading e-commerce company Flipkart shook up its top management for the second time in a year, naming a former executive of US hedge fund Tiger Global Management, one of its biggest investors, as head of its core business

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Retailers Take On Online Biggies, Eye Consolidation In 2017

Riding high on mergers and acquisitions, retail players made a strong comeback this year, taking online giants head-on in doling out deals and discounts, and the trend is likely to continue next year

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Private Equity Deals Fall To $16-billion In 2016; Markets Pin Hope On New Year

Private equity investments fell to $16 billion in 2016 amid slump in valuations, especially in once-venerated ecommerce sector, but the markets are hoping for hectic deal activities in the new year

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Delivery Hero Acquires Rocket Internet-backed Startup Foodpanda

Berlin-based online food takeaway service Delivery Hero will acquire competitor Foodpanda, a sign of further consolidation to fend off new competition in Europe's sought after food-delivery business

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Flipkart Eyes Groceries; Renewed Push In Furniture

India's top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in the online furniture business, as it expands its product portfolio and looks to outmanoeuvre global giant Amazon.com in a burgeoning Indian market

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'We Aim To Be The Leading One-stop Savings Destination For Online Shoppers'

CouponRaja & CompareRaja Co-founder Rohit Chugh says the traffic from non-metros cannot be ignored. The current traffic share from non-metros is about 40 per cent and it is on the rise for the last couple of years due to increased usage of mobile devices and 3G internet

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