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Latest Articles in ecommerce

Japan's SoftBank Takes Driving Seat In Indian Online Shake-up

After ploughing about $2 billion into minority stakes in Indian e-commerce businesses over the past few years, Japan's SoftBank is upping the stakes, looking to play consolidator and take a more active role at a trio of leading start-ups

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Snapdeal Suffers In Snapchat Backlash

Several mobile users uninstalled the app of e-commerce firm Snapdeal to protest unverified comments about the Indian market by the CEO of social networking platform Snapchat in a case of mistaken identity

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'100 Per Cent Of The Big Innovations In The Country Have Come From Us’

In an exclusive interview with BW Businessworld, Kalyan Krishnamurthy talks about Flipkart’s strengths, growth, future plans, and much more

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'Droom Targets Rs 7,500 Crore GMV By FY 2017-18'

The e-commerce company is aiming at a gross merchandise value of Rs 7,500 crore and net revenues worth Rs 120 crore by FY 2017-18, Droom founder and chief executive officer Sandeep Aggarwal told BW Businessworld in an interview

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Flipkart Raises $1.4 Billion From Tencent, eBay, Microsoft

The news comes amid strong but unconfirmed speculation that Flipkart is looking at a potential takeover of smaller rival Snapdeal

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Snapdeal Founders Move To Calm Employees Amid Takeover Speculation

The founders of Snapdeal told employees in an email that the e-commerce company will ensure there is no disruption to staff "as the way forward becomes clear," as speculation of a takeover swirls

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Softbank Reworking Sale Plan Of Snapdeal; Decision In Few Weeks

Japanese investor SoftBank is believed to be re-working its plan for sale of e-commerce platform Snapdeal and a final decision is likely to be made in the next few weeks

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Amazon To Hire 1,200 People In India; Sets Up 7 New Warehouses

E-commerce giant Amazon.in said on Wednesday (April 05) it has set up seven new warehouses (Fulfilment Centres or FCs) to cater exclusively to its large appliances and furniture category, a move that will create 1,200 new jobs

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Bata Teams Up With Fynd To Strengthen Online Presence

Footwear major Bata India has partnered with fashion ecommerce portal Fynd in a bid to strengthen its online play

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Under Pressure, Snapdeal Woos Staff With Promises Of Profit

Like most e-commerce players in India, Snapdeal is burning cash to sustain discounts — and keep customers — in a cut-throat online market

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Snapdeal Searches For Funds, Takeover Speculation Grows

The e-commerce company is seeking investment to shore up its finances after unsuccessful talks with Chinese funds and Alibaba Group Holding Ltd as it battles to remain competitive

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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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