E-Commerce
- Business
Flipkart losses widens to Rs 4,362 cr in FY22, up 51 pc
New Delhi: Walmart-owned Flipkart’s losses widened to Rs 4,362 crore in FY22, a 51 per cent increase from the last financial year. The e-commerce platform reported Rs 10,659 crore as revenues in…
- Business
Shopify commits to safeguard consumers from fake traders
London: E-commerce platform Shopify has committed to new practices to make consumers safe from buying fake products from webstores hosted by its platform. Following dialogues with the Commission and the network of…
- Business
Amazon brings live shopping via content creators to India
Bengaluru: Amazon on Friday rolled out its live commerce feature ‘Amazon Live’ in India where customers can directly interact with content creators and social media influencers and buy products from links provided…
- Technology
India sees Rs 24,000 cr worth online festive sales in 4 days, mobiles lead
Bengaluru: Led by mobiles, e-commerce platforms in India clocked over Rs 24,500 crore (nearly $3.5 billion) in the first four days of the festive sales that began from September 22, signalling a…
- Business
Global E-com sales to drop by $95 bn in 2022, 1st time in history
New Delhi: In a first, global e-commerce revenues are forecast to shrink this year due to supply chain issues and rising inflation, and industry is expected to generate $3.74 trillion in sales…
- Business
US to probe Amazon over its iRobot, One Medical acquisitions
San Francisco: E-commerce giant Amazon is facing larger scrutiny by the US Federal Trade Commission (FTC) into its latest proposed acquisitions of robot vacuum maker iRobot and 1Life Healthcare, which operates primary…
- Business
Online searches for 5G smartphones up 2 times in India
New Delhi: There has been nearly 2 times increase in searches for 5G smartphones on Flipkart in the first half of 2022 compared to the same period last year, the e-commerce platform…
- Business
Snapdeal to go live on govt’s ONDC network next month
New Delhi: E-commerce platform Snapdeal is set to debut on the Open Network for Digital Commerce (ONDC), a Unified Payments Interface (UPI)-type initiative of the Ministry of Commerce and Industry, next month.…
- Technology
CARS24 sees high-profile exits as global CTO, business head move on
New Delhi: Pre-owned e-commerce platform CARS24 on Monday saw some high-profile exits, including its global CTO Jitendra Agrawal and business head Kingshuk Sanyal who have left the company to pursue other things.…
- India
Myntra’s ‘end of reason sale’ to start from June 11
Bengaluru: E-commerce platform Myntra on Monday announced that the 16th edition of its flagship ‘End Of Reason Sale (EORS)’ is scheduled to be held between June 11 and 16. The six-day fashion…
- Technology
Amazon opens its first physical clothing store in US
San Francisco: Amazon has opened its first physical clothing retail store in the US, as the e-commerce giant in March announced to shut down more than 60 of its retail stores, including…
- Business
New e-com players not showing country of origin for all products in India
New Delhi: Only four in 10 consumers in India say that e-commerce platforms are displaying the country of origin information for all products, a new report revealed on Monday. While most older,…
- Business
Amazon aims to log $20 bn worth exports from India by 2025
Bengaluru: E-commerce giant Amazon on Wednesday announced it now aims exports worth $20 billion from India by 2025, thus doubling its goal. In 2020, Amazon pledged to enable $10 billion in cumulative…
- Technology
Walmart joins IIT Madras to accelerate research and skilling in India
Chennai: Walmart Global Tech (WGT) on Thursday signed a Memorandum of Understanding with the Indian Institute of Technology (IIT) Madras aimed at accelerating research as well as skilling in new areas of…