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Non-metro cities accounted for nearly 60 pc online sales: Survey

With the demand for digital lifestyle continuing to be robust from across India, nearly 60 per cent of online sales were in Tier II cities and beyond, according to a survey of trends by e-commerce platform Snapdeal. "The delivery of...

Not in talks with PayPal on stake sale: FreeCharge

Dismissing reports that global payments platform PayPal is set to buy a 25 per cent stake in homegrown e-wallet FreeCharge, a company spokesperson has denied any such development. Media reports claimed on Sunday that PayPal is expected to take a...

#FlipTrends: Flipkart reveals how India shopped online in 2016

Indian e-commerce giant Flipkart has said it saw the highest number of shoppers on its platform coming from the National Capital Region this year. "The National Capital has again raced ahead of all with most number of shoppers taking to e-commerce,...

Demonetization: Snapdeal launches cash on demand service for customers

E-commerce major Snapdeal has recently announced the launch of 'Cash@Home' service, which allows users to order cash and have it delivered at their doorstep for a nominal charge of Rs 1. The company said that the service is a goodwill...

Toonz Retail set open 10 new stores this month, may invest Rs 5 crore

Toonz Retail, a one-stop-shop for all the needs of kids from 0-12 years of age, announced the launch of 10 stores in December 2016, further expanding its retail portfolio of 100+ stores. “We will be investing Rs 5 crore including...

Snapdeal announces attractive offers for Unbox 2017 sale

Snapdeal has today announced the launch of its Unbox 2017 sale with deals and discounts upto 80 per cent on clothing, mobile phones, home, electronics, and luggage, among other categories. These offers are available to customers for just today. In...

ShopClues on track to turn profitable by FY17; eyes US $2 billion in sales

As ShopClues.com, the e-commerce website which focuses on consumers in Tier II and Tier III cities, readies to celebrate its five-year anniversary next month, the countdown to turn profitable has now begun in earnest for the company. The e-marketplace, which...

Snapdeal Unbox Cash-Free Sale: 75 per cent orders placed using digital payments

Snapdeal, India’s largest online marketplace, revealed key trends from its on-going 2-day Unbox Cash-Free sale. This is the first e-commerce sale, post the demonetization announcement by the Government on November 8, 2016. The response to the sale indicates that users...

E-tail and allied ecosystem to create 1.45 million jobs by 2021: Report

A recent report by e-commerce major Snapdeal and KPMG said that E-tail and allied ecosystem (logistics, warehousing, IT, ITeS) in India is expected to create direct employment for around 1.45 million workforce by 2021. According to the report, logistics and...

Sellers offer discounts on e-commerce sites : DIPP

E-commerce companies have told the Department of Industrial Policy and Promotion (DIPP) that discounts on their platforms are being offered by sellers, who are free to run such schemes both in online and offline mediums, a senior official said. “E-commerce...
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Shoppers Stop posts net loss of Rs 22.72 cr in Q1

The company posted a consolidated net profit of Rs 14.49 crore in the corresponding period last fiscal, Shoppers Stop...
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