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Geo-tags, local language shopping- Amazon all set to enhance customer experience

Amazon, in its full-blown competition with Walmart-Flipkart, said will rely on machine leaning and artificial intelligence at various levels for product recommendations,

June 22, 2018  |  comments ( 0 )  | 

Report says online platforms capture 38% smartphone sales in India

Xiaomi led online platforms with a share of 57 per cent during Q1 2018, followed by Samsung (14 per cent) and Huawei (Honor) (8 per cent).

June 15, 2018  |  comments ( 0 )  | 

Sri Sri lines up Rs 200-cr investment to beat Patanjali

The new entrant in Ayurveda and herbal products field will spend this amount on mass media advertising, outdoor campaigns and below-the-line marketing across the country

June 08, 2018  |  comments ( 0 )  | 

PremjiInvest invests Rs 1,700 cr on Future Retail, buys 6%

The largest in brick-and-mortar retail appeared in the Wednesday reports of a financial daily. After the transaction, Sunil Mittal-led Bharti will still own 3% in the

June 08, 2018  |  comments ( 0 )  | 

Arvind to invest Rs 1,500 cr in 3 yrs to raise garment output

The company has listed states like Gujarat, Karnataka, Jharkhand and Andhra Pradesh for setting up of large factories which can employ 10,000 workers. The development

June 08, 2018  |  comments ( 0 )  | 

Motorola aims to set up 1,000 'Moto Hubs' by next quarter

The company, which launched the latest edition of its flagship Moto G series, currently has about 600 Moto Hubs.

June 05, 2018  |  comments ( 0 )  | 

CAIT files complaint with ED against Flipkart

In its complaint with ED, CAIT said that Flipkart in the guise of operating under a marketplace model is actively engaged in the inventory-based model of e-commerce.

June 02, 2018  |  comments ( 0 )  | 

E-wallet company PhonePe registers 100 mn users

An annual run rate is calculated based on the current month's volume of payments that a particular payments firm has processed.

June 01, 2018  |  comments ( 0 )  | 

Walmart India, Flipkart top executives meet CCI

The meeting convened after the Walmart's approach to CCI for the approval of its proposed acquisition of a majority stake in e-commerce major Flipkart.

May 24, 2018  |  comments ( 0 )  | 

Amazon in talks to buy 10% stake in Future Retail

The move comes close at the heels of Walmart's $16 billion payout to acquire 77% of Flipkart India’s largest e-commerce firm. Walmart is Amazon’s biggest rival in the

May 23, 2018  |  comments ( 0 )  | 

SoftBank confirms it's selling 22% in Flipkart to Walmart

Before Flipkart, SoftBank in 2014 had invested in Snapdeal, which ended with the group writing off almost $1 billion invested in the Delhi-based online marketplace.

May 23, 2018  |  comments ( 0 )  | 

Flipkart launches 5th handbags and footwear private label brand 'Cara Mia'

Cara Mia is the fifth private label from Flipkart Fashion, after the already established Divastri a private label for women ethnic wear, Metronaut a private label for the

May 21, 2018  |  comments ( 0 )  | 

Myntra Financial losses Cut By 25% to Rs 655 cr in 2017 Fiscal

While the firm has been able to reduce losses by a fourth while doubling revenues, costs have not been redressed. Advertising expenses alone grew almost 59% to Rs 289

May 21, 2018  |  comments ( 0 )  | 

Paytm Mall Adds New services to Online offerings Amid Growing Competition

The company will offer EMIs of Rs 1,000 crore across two million products from 60 brands. It will also offer easy exchange across 7,000 pin codes and affordable device

May 21, 2018  |  comments ( 0 )  | 

Digit Insurer To Cover Mobiles, Partners With E-tail Biggies

The payment mode being digital, the claims can also be settled by moving money to the customer’s account. This is one reason why the e-insurance sale is taking off.

May 18, 2018  |  comments ( 0 )  |