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Latest Articles in ecommerce

Amazon Plans To Invest $500 Million In Food E-retail, Says Harsimrat Kaur Badal

The US-based retail giant Amazon has proposed to invest about $500 million for e-retail of food products in India, Food Processing Minister Harsimrat Kaur Badal said on Thursday

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$30 Billion Of Fashion Market To Be Digitally Influenced By 2020, Says BCG-Facebook Report

Around $30 billion of the domestic fashion market, which currently accounts for 70 per cent of the branded apparel market, will be digitally influenced by 2020, according to a report by Boston Consulting Group and Facebook

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Snapdeal Says Not In Talks For Sale

E-commerce marketplace Snapdeal on Wednesday firmly denied that it was in talks to sell the firm, after Mint newspaper reported the company was in talks with domestic rivals for a potential sale

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SoftBank-backed Snapdeal In Deal Talks With Rivals Flipkart And Paytm, Reports Mint

Indian e-commerce, which is one of the world's fastest growing internet services market, has largely been driven by steep discounts, resulting in investor markdowns due to concerns about profitability

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India To Become 3rd Largest Consumer Economy By 2025, Says BCG Report

India's consumption growth is set to treble to $4 trillion by 2025 as rising affluence levels drive changes in consumer behaviours and spending patterns that have big implications for companies, says a Boston Consulting Group report

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ShopClues To Possibly Raise Around $100 Million In Pre-IPO Round Soon

Online marketplace ShopClues is in talks with merchant banks for a possible public share sale, which was expected given the company's losses in the FY-16

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Retailers Think Digital: Samir Modi-led Twenty Four Seven Plans Agressive Marketing

The Twenty Four Seven chain of convenience stores is all set to change its marketing strategy to take on online behemoths

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LimeRoad Thrives Amidst A Bloodbath

Sujata Sangwan profiles Suchi Mukherjee, arguably the only profitable e-commerce entrepreneur

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Flipkart To Hire 20-30% More This Year

E-commerce major Flipkart is looking to hire 20-30 per cent more people in 2017 compared to last year even as rival Snapdeal hands out pink slips to its employees

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Business Models Of E-tailers Have Not Worked: T V Mohandas Pai

Business models of e-tailers in India are not just running out of steam but even have not worked, says information technology industry veteran T V Mohandas Pai

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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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