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Alibaba generates record US$ 31 billion during Singles’ Day sale

Chinese e-commerce giant Alibaba on Monday announced generation of whopping US$ 30.8 billion in terms of Gross Merchandise Value (GMV)...

Flipkart, Amazon in festive sale slugfest, each claims bigger share than other

The face-off between the two e-commerce giants Flipkart and Amazon continues with the Walmart-backed company claiming it doesn't see much...

‘Just Walk Out’ Shopping and other smart checkout tech to reach over US$ 45 billion transactions by 2023

A new report from Juniper Research forecasts that retail spend at frictionless payment stores like Amazon Go will grow from...

Amazon bets on new customers from smaller cities, big brands for festive success

E-commerce major Amazon is confident of clocking strong growth this festive season in India, driven by availability of large selection...

Hari Menon aims for the biggest share in India’s grocery basket

The online retail market in India is expected to grow 250 per cent to touch Rs 1.8 trillion by 2020...

Reebok bets big on knitwear

The increasing trend of casual and sportswear along with the modern consumers’ growing interest in exercise, outdoor activities and fitness...

Walmart picks up 77 pc stake in Flipkart for US $16 billion

Walmart has picked up 77 percent stake in Bengaluru-based e-commerce major for a whopping US $16 billion. “Walmart will pay approximately...

Flipkart bets big on IoT-powered devices

E-commerce major Flipkart is betting big on IoT-powered devices like wearables and smart home solutions and is working with large...

Jabong bets big on luxury; to open luxury and designer stores in April

India’s leading online fashion destination, Jabong is betting big on luxury this spring. The brand is launching two new online...

Market saturation hinders bottled water’s growth in China, reaching 27 billion litres in retail volume sales in 2017: Report

While China remains one of the biggest bottled water markets globally, the latest research from global market intelligence agency Mintel...

Latest News

Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players. New Delhi: The...