Flipkart
Retail
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...
Retail
LeEco touches Rs 350 crore during festive sales
IANS -
Chinese internet and technology conglomerate LeEco on Saturday announced that it has touched Rs 350 crore in revenue during the Diwali sale in October.
During the month of October, LeEco sold 300,000 phones and 3,500 TVs.
"During the festive season, it...
Fashion & Lifestyle
Kishore Biyani's Brand Factory on expansion spree, to open 6 new stores
Kishore Biyani-led fashion discount chain Brand Factory is planning to ramp up its store expansion to take on major e-commerce players including Snapdeal, Amazon and Flipkart, who have made huge profits by offering deep discounts this festive season.
"Brand Factory is...
Retail
Amazon most visited e-shopping destination during festive season; claims 3X sales
As the three waves of Amazon India's Great Indian Festival, spanning the month of October, comes to an end, the company claims that it has become the most visited shopping destination this festive season with customers from 97 per...
Retail
Mergers: The road to success for the e-commerce industry
Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions in the startup industry and the recent merger of Goibibo with Make My Trip has only corroborated this supposition.
Indeed, the corporate appetite for mergers and acquisitions has increased...
Retail
Flipkart's top level exodus continues; CFO Sanjay Baweja resigns
Chief Financial Officer of Flipkart, Sanjay Baweja has quit the company, just under two years of joining India's largest e-commerce marketplace.
Sanjay Baweja's departure comes during the Indian festive season, a crucial time for sales, and as Flipkart engages in...
Research
Amazon's Great India Sale had highest traffic during sale period: Blueocean Report
After a Twitter and TNS Research recently said that Twitter has emerged as a go-to-platform for this year's Diwali deals and discount hunt, an individual study by Blueocean Market Intelligence has said that the microblogging platform was also one...
Retail Hub
Malls upbeat about sale season, to counter deep e-discounts with selective promotions
According to an Assocham report, Indian consumer demand is currently seeing good growth of around 40 per cent in the ongoing Diwali season, as compared to 2015. Assocham has estimated that Indian consumers are likely to spend over Rs...
Latest News
Indian consumer demand growing at 40 pc in festive season: Assocham
IANS -
Indian consumer demand is currently seeing good growth of around 40 per cent in the ongoing festival season, as compared to 2015, on the back of an upturn in the economy and improving perception of better job prospects coupled...
Retail
Pre-book Google Pixel on Flipkart
IANS -
Google Pixel smartphone is now open for pre-orders on e-tailer Flipkart at a starting price of Rs 57,000.
Customers will also get a bunch of special offers such as No Cost EMI on all major credit cards and an exchange...
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Digital Icon : Kiran Komatla
Kiran Komatla is a distinguished technology professional with over two decades of experience spanning various domains. His impressive list...
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