Flipkart
Retail
Flipkart acquires Jabong; beats Snapdeal, Abof, Future Group
The race to buy online fashion retailer Jabong has finally ended, with Flipkart's unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal.
Flipkart Ltd has acquired Jabong through its unit Myntra...
Retail
Amazon Prime launched in India
Amazon has finally launched its Prime subscription service in India. Users can sign up for Amazon Prime via the Amazon website, starting with a 60-day free trial.
Amazon has launched their membership service in another bid to outdo Indian e-commerce...
Retail
Durian becomes the leading seller on Flipkart and Amazon
Durian crosses over 1,000 orders in the first quarter of 2016 and becomes the most popular seller in the furniture segment on Flipkart and Amazon.
According to a PTI report: The furniture giant entered the online business in 2015 and...
Retail
Top Spot Race Continues: Amazon beats Flipkart in app downloads
The war between Flipkart and Amazon is becoming more cut-throat with Amazon India pipping homegrown Flipkart and emerging as the most downloaded retail mobile app in India on Google Playstore and Apple's App Store in the first quarter of 2016.
According...
Fashion & Lifestyle
Rocket Internet's GFG raises $33 million
Global Fashion Group, which houses six international fashion e-tailers including India's Jabong, today announced that it has raised an additional $33 million topping up its April round this year when it raised $330.9 million at a sharp valuation drop...
Research
Rise of mobile retail in India’s digital age: App Annie Report
The  rapid deployment of mobile telecommunications infrastructure and emergence of sub-$100 smartphones has triggered a wave of mobile-led economic development India.The country’s mobile phone subscriber base recently surpassed one billion, highlighting the staggering potential of mobile technology. The use of...
Retail
Two more Silicon Valley executives quit Flipkart
India's largest e-commerce marketplace Flipkart's management rejig is continuing even as two more high-profile Silicon Valley hires quit the company last week.
ALSO READ: Flipkart rejigs top management, hires ex-Amazon exec
Lalit Sarna and Sunil Gopinath were among the top talent in the company. Sarna...
Retail
70 per cent of startups globally will fail: Kris Gopalakrishnan
Infosys Co-Founder and former CII President Kris Gopalakrishnan said almost seventy per cent of startups globally will fail and only five to ten per cent will become large and scale up.
"Almost seventy per cent of startups will fail. About...
Retail
The growing Indian luggage market packs a punch
Expanding retail chains, booming e-commerce and nationwide sales networks have led to growth in an unusual sector - the Indian luggage market. The segment - which is growing around 18 per cent CAGR - is extremely streamlined and is looking at a good...
Latest News
Samsung to sell television sets on Flipkart
Samsung has recently announced their partnership with Flipkart to sell its 40-inch Full HD, smart curved TV.
"The strength of Samsung in the television category and specifically smart televisions, is going to significantly bolster our existing 20 per cent smart...
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Latest News
Global IT Outage: Various Indian retailers also hit with glitches
While some companies did face disruptions, others have denied any major hindrances in their operations.New Delhi: From disruptions at...
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