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Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mukesh Ambani-led behemoth is well positioned to create massive disruption in the market, a new report has stressed.According to the...

Grofers raises US$ 200 mn led by SoftBank Vision Fund for market expansion

Online grocery retailer Grofers Wednesday said it has raised over US$ 200 million (over Rs 1,400 crore) in funding, led by SoftBank Vision Fund.The series F funding saw participation from new investor, KTB, and existing investors, Tiger Global Management...

Flipkart launches online grocery store ‘Supermart’ in Mumbai

In a view to capture a large market share of the online grocery segment, leading e-commerce player Flipkart Wednesday said it has launched its online grocery store Flipkart Supermart in the city.According to a PTI report: It had done...

Walmart’s Chief Executive Judith McKenna lauds Flipkart team

World's retail giant Walmart International Chief Executive Judith McKenna on Friday lauded its Indian e-tail subsidiary Flipkart team for getting more customers to shop online and make their lives better."The leadership of the Flipkart team for its commitment to...

Reliance’s e-commerce dream to swallow everyone out there

When Paytm Mall started, it took a cue from its investor Alibaba and aimed to become a digital universe for everything.As part of its initial offers, the company started giving cashback to attract customers.According to Pavel Naiya, Senior Analyst,...

Amorepacific Group launches beauty brand Etude House in India

Amorepacific Group (Amorepacific), the largest global beauty company headquartered in Korea, launched Etude House in India. The brand is exclusively available through beauty retailer Nykaa (www.Nykaa.com). At present, Etude House has a market presence in more than 10 countries...

Flipkart CEO Kalyan Krishnamurthy denies exit

Flipkart CEO Kalyan Krishnamurthy has denied reports that he is going to quit the e-commerce company and a formal announcement on a new CEO is likely in June during the Walmart shareholders' meeting.In a statement to Inc42, Krishnamurthy said reports making the rounds...

Walmart CEO Doug McMillon says ‘committed’ to Indian market

Almost a year into writing a US$ 16 billion cheque for Flipkart, Walmart CEO Doug McMillon Tuesday said the retail giant continues to be committed to the Indian market given the huge opportunity that the country presents.According to a...

Snapdeal to expand tech team; hire 120 engineers this year

E-commerce platform Snapdeal Monday said it is looking to expand its technology team with the addition of 120 engineers this year as it enhances personalisation and recommendation features for its users.The company, which competes with larger rivals like Amazon...

Flipkart most sought-after employer in India: Report

Online marketplace Flipkart beat Amazon to emerge as the most sought after employer where Indian professionals want to work and stay, according to a new LinkedIn report on Wednesday.Internet companies dominate the top 10 spots in the list as...
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Location AI startup GeoIQ unveils footfall & site analysis feature

GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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