Gmv

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Gmv - Total results - 22
Flipkart, Amazon could generate up to $6 billion or Rs 39,000 crore in sales this festive season: Redseer
Business

Flipkart, Amazon could generate up to $6 billion or Rs 39,000 crore in sales this festive season: Redseer

E-commerce companies are estimated to have registered sales of close to $3 billion or Rs 19,000 crore, up 30 percent from last year

Paytm Mall sees a three-fold jump in transactions during festive season
News & Analysis

Paytm Mall sees a three-fold jump in transactions during festive season

Paytm Mall said it has partnered with leading brands and will jointly invest upwards of Rs 250 crore.

Paytm Mall to splurge Rs 1,000 cr, mostly to offer discounts this festival season, say reports
Business

Paytm Mall to splurge Rs 1,000 cr, mostly to offer discounts this festival season, say reports

The company owned by Paytm Ecommerce recently refreshed its app featuring 1,000 brand stores and 15,000 brand- authorised retailers selling over 65 million products

Homestay aggregator Stayzilla shuts shop; founder laments vanity metrics like GMV
Business

Homestay aggregator Stayzilla shuts shop; founder laments vanity metrics like GMV

We could not even recoup what we put in, necessitating very large capital requirement simply to sustain growth, Stayzilla founder Yogendra Vasupal said in a blog post

Snapdeal's Kunal Bahal, Rohit Bansal realise 'profit is sanity': Full text of their email to staff
Business

Snapdeal's Kunal Bahal, Rohit Bansal realise 'profit is sanity': Full text of their email to staff

Snapdeal's fouunders have written a letter that founders of many Indian startups, now facing funds crunch, may want to write

Demonetisation boost: Paytm scales $5 bn in GMV as mobile payments galore amid cash crunch
Business

Demonetisation boost: Paytm scales $5 bn in GMV as mobile payments galore amid cash crunch

Paytm has been able to serve over 45 million users in last 10 days alone and over 5 million new users added since the demonetisation drive

Ecommerce war: Flipkart clocks record Rs 1,400 cr in single day sales; can Amazon match up?
Business

Ecommerce war: Flipkart clocks record Rs 1,400 cr in single day sales; can Amazon match up?

Monday's sales was more than double the company achieved in a single day sales last year

Myntra eyes 2.5 lakh new users, expects 5 times sales during Big Billion Days sale
Business

Myntra eyes 2.5 lakh new users, expects 5 times sales during Big Billion Days sale

Myntra has also augmented its logistical capabilities to manage about two lakh deliveries per day

Snapdeal whips up excitement: Will this festival season be a game changer for e-comm?
Business

Snapdeal whips up excitement: Will this festival season be a game changer for e-comm?

This festival season is unlikely to bring forth a clear winner in Indian e-commerce, but it will definitely re-organise the stature of Amazon India, Flipkart and Snapdeal

Flipkart: More top-level churn, job cuts likely, says report
Business

Flipkart: More top-level churn, job cuts likely, says report

Krishnamurthy's elevation is also seen as a move to reduce Binny Bansal's role at Flipkart's core operations in order to revamp operations at the etailer

'Annualised GMV for e-commerce firms in India dips 10% in Q2'
Business

'Annualised GMV for e-commerce firms in India dips 10% in Q2'

Annualised GMV for e-commerce companies in India fell 5-10 per cent in the second quarter of 2016 to USD 13 billion, impacted by fewer discounts by players like Flipkart and Snapdeal, research firm RedSeer said today.

Decoding Flipkart townhall: Co may have already lost the top slot to Amazon
Business

Decoding Flipkart townhall: Co may have already lost the top slot to Amazon

The company has about 30,000 employees across the country, with many joining owing to inorganic growth over the last five years.

Flipkart's Jabong buy will create an online fashion giant but will FDI rules ruin party?
Business

Flipkart's Jabong buy will create an online fashion giant but will FDI rules ruin party?

Jabong has an inventory-lead model and this defies provisions of the Press Note and this is where there could be issues for Myntra

Flipkart to launch F-Assured to take on Amazon Prime as focus shifts to quality
Business

Flipkart to launch F-Assured to take on Amazon Prime as focus shifts to quality

One of the common issues that customers complain about is delay in product delivery.

Are Flipkart, Amazon, et al flouting govt rules by offering discounts?
Business

Are Flipkart, Amazon, et al flouting govt rules by offering discounts?

In a bid to provide a level-playing field, the government while allowing 100 percent FDI in e-commerce had stated that, "E-commerce entities providing marketplace will not directly or indirectly influence the sale price of goods and services and shall maintain level playing field.”

Jabong's gross loss comes down by 70% in 2015, struggles to find buyers
Business

Jabong's gross loss comes down by 70% in 2015, struggles to find buyers

Launched in 2011, Jabong offers more than 4 lakh products.

Myntra clocks $800 million annualised GMV
Business

Myntra clocks $800 million annualised GMV

E-commerce major Myntra today said it has clocked annualised Gross Merchandise Volume (GMV) of USD 800 million this fiscal, taking it closer to USD one billion GMV target by 2016-2017.

With more than 2,000 brands on offer, Myntra eyes 10 fold rise in daily GMV during EORS on Jan 2-3
Business

With more than 2,000 brands on offer, Myntra eyes 10 fold rise in daily GMV during EORS on Jan 2-3

Myntra says EORS will have a huge collection of specially curated styles and designs across the best of brands at discounts of up to 80%

Alibaba deliveries to India to get faster thanks to this tie-up with All Cargo
Business

Alibaba deliveries to India to get faster thanks to this tie-up with All Cargo

If you are shopping from Alibaba in India, here's some good news for you: Expect faster deliveries very soon as the E-commerce giant has now tied up with Gurgaon-based Allcargo Logistics' overseas subsidiary ECU Line to ship less-than-container load or LCL consignments to India.

Jack Ma meets PM Narendra Modi; discusses how Alibaba can help small businesses in India
News & Analysis

Jack Ma meets PM Narendra Modi; discusses how Alibaba can help small businesses in India

Looking to expand its presence in India, Chinese e-commerce giant Alibaba's Chairman Jack Ma on Monday met Prime Minister Narendra Modi, as he came on a visit to India for the second time in just about four months.