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Flipkart takes minority stake in MapMyIndia to improve delivery capabilities

E-commerce major Flipkart has announced a strategic minority stake in MapmyIndia, a leader in premium quality digital map data, GPS navigation, tracking, location-based apps and GIS solutions, for an undisclosed amount. The investment is in line with Flipkart's strategy to...

Can Flipkart, Snapdeal make money via ad revenues like Alibaba?

Online marketplace Snapdeal has launched a new platform called ‘Snapdeal Ads’ to enable its 2,00,000 sellers get their products discovered and thereby sales through targeted advertising tools. The tool developed in-house will allow the seller community to reach customers through...

Amazon wins festive season battle, registers over 20 cr visitors in Oct: comScore

As e-commerce majors battled it out during the Sep-Oct festive period with lucrative discounts and offers, Amazon India logged the maximum number of visitors on its web and mobile sites in October at over 20 crore visitors, as per...

21 e-commerce firms under the scanner for FDI violation

In response to the petition filed by All India Footwear Manufacturers & Retailers Association, against e-commerce firms for violations of India's foreign direct investment (FDI) norms, Delhi High Court has ordered the government to probe 21 e-commerce companies. Major e-commerce...

From app-only to website: Voonik goes back to basics

At a time where some e-commerce players are ditching the desktop experience to go app-only, Voonik, a fashion marketplace for women, has announced the launch of its new desktop experience (website). Voonik launched its app in August 2014 and boasts...

Snapdeal responds to Flipkart Lite with ‘Snap-lite’

A few days after Flipkart re-launched  a mobile version of its website -- to give users an experience close to that of a mobile app — arch rival Snapdeal has announced the launch of Snap-lite. The Delhi-based e-commerce major has...

Indian e-commerce market to touch USD200 bn GMV by 2025: BofA-ML

India's e-commerce market is expected to witness significant uptrend in the coming years and touch USD200 billion in terms of gross merchandise value (GMV), says a Bank of America Merrill Lynch report. The global financial services major said the e-commerce...

Between 'mobile-first' or 'mobile-only', Flipkart chooses mid way

While debates on adopting a mobile-first strategy or completely ditching a website for an app remains rage on, e-commerce major Flipkart has come up with an innovative solution -- ' Flipkart Lite'. Flipkart, which had killed its mobile website in...

Flipkart to be more mobile-centric in next two years

Flipkart looks to become more mobile-centric in the next two years through adoption of newer technologies such as artificial intelligence (AI) and social networks, Chief Product Officer Punit Soni said on the sidelines of the Leadership Summit organised by...

In a first, Apple offers discount to boost sales

Apple is offering discount on its latest iPhones in less than a month of its launch in India. According to a report in The Economic Times, the company is offering a buyback offer on iPhone 6s and 6sPlus and giving...
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DLF Chairman Rajiv Singh gets Rs 27.3 cr as remuneration for FY24

Tyagi was appointed as the company's CFO with effect from May 13, 2024, in addition to his existing role...
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