Govt clocks Rs 40,000 cr in public procurement transactions through online marketplace GeM; eyes to increase turnover to Rs 3 lakh cr
Public procurement worth Rs 40,000 crore has taken place through the government's online marketplace GeM, Expenditure Secretary T V Somanathan said on Monday
Walmart sacks around 56 executives in India restructuring, focus to be shifted to e-commerce; firm to delay opening of new wholesale stores
The move underscores the struggles Walmart has faced in expanding its wholesale business in India.
Amazon India inks long-term deals with Future Group for expanding reach of retail stores, consumer brands
Amazon India on Monday said it has entered into long-term business agreements with Future Group for expanding the reach of the latter's retail stores and consumer brands through its online marketplace
Govt eyeing Rs 50,000-cr of public procurement through commerce ministry's online marketplace in current fiscal
Public procurement worth Rs 50,000 crore is expected to take place through the commerce ministry's online marketplace GeM during 2019-20, an official said
FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations
The reluctance of digital/technology companies to invest time and resources to navigate an uncertain regulatory landscape is more to be blamed than the FDI policy itself.
E-commerce policy shouldn’t blow hot and cold about exclusive deals; online marketplace can't be blamed for sellers' misdeeds
One of the clarifications was that marketplace model of e-commerce and exclusive dealings were contradiction in terms.
Bansal is now focused on xto10x Technologies, a startup he has co-founded with former colleague Saikiran Krishnamurthy
Govt's online marketplace crosses Rs 10,800 cr transaction mark; platform to give competition to Flipkart, Amazon in future
As many as 135,000 sellers are offering 4,43,800 products on commerce ministry's online platform Government e-marketplace (GeM)
Patanjali is expected to enter into agreements with major online retailers — Amazon, Flipkart, Paytm Mall, 1MG, bigbasket, grofers, shopclues and snapdeal — to push online sales of its FMCG products
Jeff Bezos-headed Amazon has injected $1 billion into its India arm in 2017-18 fiscal year only
Social media payments creating buzz: How Facebook, Twitter, WhatsAPP will make your payments super easy
Social media has a massive database of users, even bigger than a bank, so it makes perfect sense to blend online payments with social media platforms
In the past few quarters, both Amazon and Flipkart are almost selling same number of items, but the US e-commerce major continues to lag behind Flipkart on value terms
US-based etailer's gross sales in terms of value jumped around 65-70 percent during the quarter, even as the overall online market sales expanded 15-20 percent
SoftBank has been looking to push other investors such as Kalaari Capital and Nexus Venture Partners to get their approvals, but wasn't successful in convincing them
eBay has failed to take the early move advantage in the fiercely competitive Indian e-commerce market
Of the 500 employees working with the Noida-based company, around 47 employees offloaded shares in the parent company in recent weeks to a mix of both internal and external buyers
As part of the deal, the Indian arm of US-based eBay may get into the fold of Flipkart
A lifeline for Snapdeal amid layoffs, mounting losses, exits; etailer to get $100-150 mn funding from SoftBank
The latest fund raising exercise could crimp the company's valuation to below $3 billion
A study says people in China do online shopping at least once a week, a frequency far outstripping peer buyers.
Flipkart still king of online retail; outsells rival Amazon with Rs 3,000 cr gross sales in 5-day event
The company's flagship Big Billion Days (BBD) sale event registered gross sales of approximately Rs 3,000 crore during the five day event