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FDI in e-comm: End of pseudo marketplace models, say experts

While the new policy for foreign direct investment (FDI) in the fast-growing e-commerce sector has been welcomed by several lobby groups and offline retailers, experts note that a few implications of the new guidelines could leave some online players...

E-shopping sites can’t favour single sellers: Govt

Flipkart and Amazon will now have to cut down the dominance of certain products on their portal. As per the Government's injunction, no vendor or company will be allowed to account more than 25 per cent of its overall...

No more discounts: India's e-tailers run into losses

The e-commerce revolution hit India hard and fast. The easy availability of the Internet and the world of e-tailers changed the way the great Indian middle class shopped. The online deals were great, the stuff e-commerce firms were selling was as good...

Biyani cries consolidation as Flipkart, Snapdeal fight on Twitter

The founders of Flipkart and Snapdeal - the two largest Indian e-commerce retailers - took their online rivalry onto the social media space. The trigger - Chinese e-commerce major Alibaba's entry into India. On Friday evening, Flipkart's Sachin Bansal tweeted:...

Mukesh Bansal and Ankit to launch fitness brands

Co-founder of Myntra, Mukesh Bansal, and Chief Business Officer, Flipkart Ankit Nagori have come together to launch a new company for healthcare, sports and fitness brands. With an initial investment of $5 million (Rs 33 crore), the new set up...

Flipkart to sponsor IPL 9 on Hotstar

For the ninth edition of the cricket tournament, Star India, which owns the digital rights of the cash-cum-controversy rich Indian Premier League, has roped in Flipkart and eight other sponsors on Hotstar. The brands that have already come on board...

Flipkart's 'mystery shopping' uncovers 500 ‘fraud’ sellers

Top e-commerce player Flipkart has blacklisted 250 sellers on its platform after its ongoing 'mystery shopping' initiative found them to be selling substandard products. According to a report in The Economic Times: Under the initiative, launched six months ago, more...

Flipkart arm eKart ties up with Apollo Pharmacy

With an to improve its efficiency and capacity utilisation, eKart, the logistics unit of  Flipkart, is rolling out two new initiatives this month. In the first, it has signed a deal with Apollo Pharmacy for delivery and pickup of products like...

Flipkart CEO's email hacked, $80k sought

The official email account of Flipkart's CEO, Binny Bansal, has been hacked. The e-commerce major has lodged a police complaint against it which highlights that two mails have been sent from his email id to the CFO of the...

Amazon, Flipkart penalize sellers on returns

Amazon, Flipkart and Snapdeal are penalizing sellers if their merchandise is constantly being returned by buyers. The e-commerce majors say that the returns add to operational costs, which they are now transferring back to the seller since these are...
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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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