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Post demonetization, Freecharge wallet growing 12 times a day

Within the first 24 hours of the announcement of demonetization, the wallet loads of Snapdeal-owned mobile transactions platform Freecharge grew 12 times and has been increasing by the same average since then. "Within the first 24 hours, wallet loads grew...

Snapdeal's COD business marginally hit by demonetization

In the wake of demonetization of high-value currency notes, online retailer Snapdeal has recorded a 'marginal dip' in its cash-on-delivery (COD) mode of payments, a top company official said on Monday. The online retailer will also invest US$100 million in...

We’ll touch Rs 100 cr-mark in Indian mobile accessories market by 2017: Intex

The Indian mobile accessories market is set to explode owing to the exponential smartphone sales growth and domestic phone maker Intex aims to touch the Rs 100 crore mark in this segment by March 2017 while gearing up to...

Note Ban: E-commerce firms accept digital money after order delivery

E-commerce firms like Snapdeal are now allowing customers to pay for orders using digital payment options instead of cash when the packages are delivered to them. According to a PTI report: Unlike previously where digital payment options were available only...

Snapdeal rolls-out 'wallet on delivery'; offers 10 pc discount on online payment

Post the Government's recent decision on demonetization of Rs.500 and Rs.1000 currency notes, e-commerce major Snapdeal has launched a new feature - Wallet on Delivery (WoD) - to allow users to pay on delivery by using its FreeCharge wallet. The unique...

Currency Ban: E-tailers disable CoD, huge surge in business for mobile wallet cos

In a historical step to save India from corruption and the curse of black money, Prime Minister Narendra Modi on Tuesday evening banned the use of Rs 500 and Rs 1,000 notes with immediate effect. However, the demonetization of...

TRA study says Amazon is India's most attractive Internet brand

US-based online retailer Amazon has been ranked as the most attractive Internet brand in the country ahead of rivals Flipkart and Snapdeal as well as search engine giant Google, according to India's Most Attractive Brands Study 2016. "For the first...

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...

LeEco touches Rs 350 crore during festive sales

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...

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...
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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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