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ShopClues on track to turn profitable by FY17; eyes US $2 billion in sales

As ShopClues.com, the e-commerce website which focuses on consumers in Tier II and Tier III cities, readies to celebrate its five-year anniversary next month, the countdown to turn profitable has now begun in earnest for the company. The e-marketplace, which...

Amazon testing Go app, a no-cashier service for its food stores

Amazon has unveiled a new kind of retail store, with no cashiers. The concept store, launched in Amazon's hometown, Seattle, customers can fill their shopping carts and walk out - with the costs tallied up and billed on their accounts with...

Currency Ban: Amazon experiences normal growth post short-term impact

E-commerce giant Amazon said its business in India saw a "short term impact" in the immediate aftermath of demonetization but has since then bounced back to "triple digit growth rate", with ten-fold jump in customers opting for e-payment at...

Amazon Launchpad to support Indian startups launched

In a move to help Indian startups launch, market and distribute their products to millions of Amazon customers across the country and globally through a dedicated store, Amazon India on Monday launched its much anticipated global programme - Amazon...

Currency Ban: E-tailers disable CoD, huge surge in business for mobile wallet cos

In a historical step to save India from corruption and the curse of black money, Prime Minister Narendra Modi on Tuesday evening banned the use of Rs 500 and Rs 1,000 notes with immediate effect. However, the demonetization of...

TRA study says Amazon is India's most attractive Internet brand

US-based online retailer Amazon has been ranked as the most attractive Internet brand in the country ahead of rivals Flipkart and Snapdeal as well as search engine giant Google, according to India's Most Attractive Brands Study 2016. "For the first...

Amazon vs Flipkart vs Snapdeal: Who won the festive sales war?

The festival season, which is considered the most significant period for Indian e-commerce companies in terms of sales generated, has recently concluded with Flipkart, Amazon, and Snapdeal, the three biggest e-commerce websites in the country claiming major gains. All three say that this year's sale was the biggest so far and all of them have claimed to achieve a major milestone in some way or the other. As per industry estimates, just one day of festive sales generate anywhere between $300-400 million (about Rs 2,000-3,000 crore) in orders for the e-commerce players. While the gross sales number achieved by three of them during last month's sales season is still unknown, this year proved to be different in terms of many firsts. Where holding 'multiple' sales event in itself was an industry first, here's a list of major trends indicating a significant evolution in consumer...

Amazon Global Store launched in India

E-commerce giant Amazon has launched Global Store in India that will allow its customers here to buy products sold on the US website and pay in local currency. According to a PTI report: The move will give customers in India...

Anita Dongre wants to contemporarise Chanderi

One of India’s leading fashion designers, Anita Dongre says the intention behind all of her designs is to popularise the versatility of traditional fabrics, and she is happy that this time she has experimented with Chanderi. At the opening of...

LeEco's shopping carnival to offer exciting deals, discounts

Chinese internet and technology conglomerate LeEco has announced the come-back of its shopping carnival LeMall for All - Diwali edition that will offer deals and discounts on its second generation smartphones and Super3 TV series. The shopping carnival will take...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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