Marketplace

Amazon India's e-commerce arm narrows FY19 loss to Rs 5,685 cr; revenue rises 55% to Rs 7,778 cr

Amazon Seller Services, the online marketplace arm of the e-commerce giant in India, has narrowed its loss to Rs 5,685 crore for 2018-19

Pepperfry to invest around $12 mn to set up over 100 offline stores, strengthen supply chain operations

Pepperfry aims to touch a GMV of $1 billion by March 2021 as it scales up its operations across metros and tier I and II cities

E-commerce rules: Flipkart, Amazon make last-ditch efforts for extension of 1 February deadline

Change in e-commerce rules are expected to hit Amazon and Flipkart the hardest

E-commerce rules tightened: Is the discount party over for customers, marketplaces? Not yet, say experts

The e-commerce marketplaces like Amazon and Flipkart among others offer deep discounts which works well for both--the consumers and the marketplaces

Amazon to lower some fees it charges third-party sellers on its marketplace

The move is expected to help the Amazon better compete with retailers such as Walmart and Target.

E-commerce companies to deduct 1% TCS under GST from 1 October; 'unfair liability imposition' says trade body

TCS provision would increase compliance burden for e-commerce companies but help government in checking tax evasion.

Epic Games to give larger cut of product sales to developers using Unreal Engine

Epic Games credits revenue growth to increased marketplace growth and of course, Fortnite.

Facebook has no plans to bring digital payments on Messenger to India yet: Report

"There are currently no tests planned for recharges or peer-to-peer payments on Messenger in India," the sources told IANS.

eBay posts higher revenue in holiday quarter after website changes and marketing leads to more customers

EBay said it would move as quickly as possible to complete the transition within the parameters of its deal with PayPal.

E-commerce definition too wide in GST dispensation as it may cover commodity exchanges: Assocham

Assocham says e-commerce definition could go well beyond Amazon or Flipkart marketplace platforms and may even cover the commodity exchanges