Flipkart
Research
E-commerce cos could get 20 mn shoppers, US$ 3 bn sales during festive sale: RedSeer
About 20 million people are expected to shop on various e-commerce platforms during the festive sale next month, translating into sales of around US$ 3 billion for players like Amazon and Flipkart, says a report.According to a PTI report:...
Food
CCD, Afoozo bid for operating India Coffee Houses
The government-run Coffee Board said Tuesday private players Cafe Coffee Day (CCD) and Afoozo have bid for running its 15 India Coffee Houses (ICHs) across the country under a franchise agreement.According to a PTI report: The iconic India Coffee...
Retail
Disruption in e-commerce category has been because of Flipkart: CEO Kalyan Krishnamurthy
Disruption in e-commerce category has been because of Flipkart for the last 10 years and it would continue so for another decade, Chief Executive Officer of Flipkart, Kalyan Krishnamurthy said.According to a PTI report: Flipkart does not strategise business...
Retail
Flipkart acquires AI-led startup to get next 200 million online shoppers
In a move aimed at getting the next 200 million online shoppers to its platform, e-commerce major Flipkart has acquired Liv.ai, an artificial intelligence-led speech recognition startup. The company, however, did not disclose the deal amount.Post the acquisition, Liv.ai...
Retail
Flipkart unveils Indian version of eBay for refurbished goods
IANS -
Retail giant Walmart-owned leading e-tailer Flipkart on Wednesday unveiled a dedicated portal '2GUD' for refurbished goods, including mobile phones, laptops and tablets, a week after shutting its eBay India operations."The independent platform '2GUD' aims to bring affordability, accessibility and...
Retail
Walmart acquires 77 percent stake in Flipkart Group
IANS -
Retail giant Walmart Inc. on Saturday acquired approximately 77 percent stake in e-commerce major Flipkart.According to a statement, Walmart now holds approximately 77 percent of Flipkart, while the remainder of the business is held by other shareholders, including Flipkart...
Retail
Flipkart launches ‘Flipkart Plus’, a customer-first benefits program
Flipkart, India’s largest e-commerce marketplace, has launched ‘Flipkart Plus’, designed to delight Indian customers. Flipkart Plus is an India-first program that is the result of years of rigorous data analysis, and Flipkart’s deep understanding of customer preferences.Flipkart Plus is...
Retail
Flipkart to shut eBay in India, launch new platform for refurbished goods
E-commerce major Flipkart will shut down eBay.in next month and launch a new platform for refurbished goods as it attempts to tap into a large market segment that is predominantly unorganised.According to a PTI report: Last year, Flipkart had...
Food
Flipkart to expand e-grocery store to 5-6 Indian cities by 2018 end
E-commerce major Flipkart plans to expand its online grocery service ‘Supermart’ to 5-6 major Indian cities by the end of the year as it takes head-on players like Alibaba-backed BigBasket and SoftBank-funded Grofers as well as rival Amazon India.The...
Retail
Traders’ body to move court against CCI nod for Walmart-Flipkart deal
IANS -
Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings.However, a traders' body said that it will move the court against the approval."@CCI_India approves proposed acquisition of Flipkart Private...
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Latest News
Reliance net profit falls 5% in Q1 on weak O2C business
The consolidated net profit of Rs 15,138 crore, or Rs 22.37 per share, in April-June was compared to Rs...
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