e-commerce

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Paytm Malls O2O operating model is aiming to leverage Indias 15 million offline retail shops to participate in Indias e-commerce boom.
Flipkart has announced the launch of Flipkart Supermart its grocery store, in all major pin codes of Bengaluru with plans to expand to 5 - 6 major cities by the end of 2018.
Unlike Amazon's Prime service, Flipkart Plus won't be a paid programme but will bring along many offers like free delivery, early access to sale events like Big Billion Day, and other rewards across brands based on the frequency of transactions a customer
Reliance Retail, which is the countrys largest brick-and-mortar retail chain, has launched an online shop front for its smartphone and electronics format Reliance Digital, which is also the countrys largest electronics retailer.
In an internal letter shared with employees and their families, founders Kunal Bahl and Rohit Bansal said the ecommerce firm had turned cash-flow positive in the month of June, becoming the only Indian e-commerce firms to achieve this.
Flipkart had bought eBay India operations last year. The funding round of $1.4 billion in 2017 saw participants such as Microsoft, Tencent, and eBay where it invested about $500 million in Flipkart and got another $220 million worth of shares from selling
Grofers' range of private label is priced approximately 5 to 50 per cent lower than the market price for popular brands in these categories, it claimed.
Currently, 40 per cent share of online sales in non-metros happen using its platform, according to Flipkart, and the company is looking at taking the share to over 50 per cent by end of the year.
India will broaden the definition of ecommerce to include any buying, selling, marketing, distribution and delivery of goods and services through electronic means.
Prior to Biyani, other famous Koovs investors include British businessman-turned-politician Lord Waheed Alli, a former chairman of Asos.com and Alli also founded Koovs in 2012.
As part of its Prime video offering Amazon is ready to launch 10 new original shows in 2019, after picking the pace this year with a plan to launch six by the end of the year.
 
 
 
 
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