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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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Government Against E-Retailers' Predatory Pricing, Restriction of Choice: Union Minister Piyush Goyal
The government is against predatory pricing and methods used by e-retailers to cheat customers and restrict their choice, Commerce and Industry Minister Piyush Goyal said on Tuesday. Goyal said the government is not concerned about flash sales on online platforms
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PM Modi Hails Government e-Marketplace Achieving Order Of Rs 1 Lakh Crore
PM Narendra Modi today hailed the government procurement portal Government e-Marketplace achieving an order value of Rs 1 lakh crore in a single year and said the platform is especially empowering the MSMEs.
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Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs
Flipkart on Thursday launched the Flipkart Wholesale as a digital marketplace to serve local kirana stores and micro, small, and medium enterprises (MSMEs) in India. The e-commerce company is acquiring 100 percent stake in Walmart India to enable the new experience.
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Coming Soon, an E-Marketplace Only for Tribal Sellers
Tribal artisans will soon be able to sell their products at the click of a mouse with the government gearing up to launch a specialised e-marketplace for them this Independence Day.
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Toyota Yaris Is Now Available On Government e Marketplace
Toyota Kirloskar Motor (TKM) has announced the availability of the Yaris compact sedan on the Government e-Marketplace (GeM). The online portal is a dedicated digital market for online procurement of goods and services by government organisations, departments and Public Sector Units (PSUs). The Toyota Yaris will be offered on the portal in the J Gr...
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Walmart Partners With Shopify to Expand E-Commerce 'Marketplace'
Walmart said Monday it was teaming up with e-commerce platform Shopify to expand its online marketplace in a ramped-up challenge to Amazon for third-party sellers.
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Lazada Expands Alibaba's Taobao Marketplace in Southeast Asia
Taobao Collection will be offered in Indonesia, the Philippines and Thailand in the next few weeks through Lazada's platform
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Facebook Marketplace Expands to 17 New European Markets
Facebook Marketplace marks fresh competition for community-based e-commerce pioneers such as Craigslist and eBay's classifieds business.
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Amazon to Face US Antitrust Crackdown? Not So Far
Regulators have shown little appetite for taking on Amazon as it has expanded from an online bookseller into a marketplace for everything.
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eBay to Match Amazon and Other Rivals' Prices in Bid to Attract Shoppers
eBay will guarantee that the roughly 50,000 new products on its Deals site will be at least as cheap as identical items sold by Amazon, Wal-Mart, Target, and other major retailers on the Web.
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Amazon Lent $1 Billion to Merchants to Boost Sales on Its Marketplace
Amazon has doled out more than $1 billion in small loans to sellers in the past 12 months, compared with more than $1.5 billion it lent from 2011 through 2015.
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Snapdeal Founders' Letter to Employees All but Confirms Imminent Sale
Will Snapdeal be snapped up by Flipkart soon? A letter from the founders to the team makes it look like things are coming to a close.
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Snapdeal Said to Be Seeking Funds, Fuelling Takeover Speculation
"Snapdeal has been desperately looking to raise money in China for the last few months," Reuters quoted a person with direct knowledge of Snapdeal's plans.
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Amazon Japan Offices Raided in Antitrust Case: Report
Japan's Fair Trade Commission declined to confirm the report, but added that it was "not incorrect".
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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
Government Against E-Retailers' Predatory Pricing, Restriction of Choice: Union Minister Piyush Goyal
The government is against predatory pricing and methods used by e-retailers to cheat customers and restrict their choice, Commerce and Industry Minister Piyush Goyal said on Tuesday. Goyal said the government is not concerned about flash sales on online platforms
-
PM Modi Hails Government e-Marketplace Achieving Order Of Rs 1 Lakh Crore
PM Narendra Modi today hailed the government procurement portal Government e-Marketplace achieving an order value of Rs 1 lakh crore in a single year and said the platform is especially empowering the MSMEs.
-
Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs
Flipkart on Thursday launched the Flipkart Wholesale as a digital marketplace to serve local kirana stores and micro, small, and medium enterprises (MSMEs) in India. The e-commerce company is acquiring 100 percent stake in Walmart India to enable the new experience.
-
Coming Soon, an E-Marketplace Only for Tribal Sellers
Tribal artisans will soon be able to sell their products at the click of a mouse with the government gearing up to launch a specialised e-marketplace for them this Independence Day.
-
Toyota Yaris Is Now Available On Government e Marketplace
Toyota Kirloskar Motor (TKM) has announced the availability of the Yaris compact sedan on the Government e-Marketplace (GeM). The online portal is a dedicated digital market for online procurement of goods and services by government organisations, departments and Public Sector Units (PSUs). The Toyota Yaris will be offered on the portal in the J Gr...
-
Walmart Partners With Shopify to Expand E-Commerce 'Marketplace'
Walmart said Monday it was teaming up with e-commerce platform Shopify to expand its online marketplace in a ramped-up challenge to Amazon for third-party sellers.
-
Lazada Expands Alibaba's Taobao Marketplace in Southeast Asia
Taobao Collection will be offered in Indonesia, the Philippines and Thailand in the next few weeks through Lazada's platform
-
Facebook Marketplace Expands to 17 New European Markets
Facebook Marketplace marks fresh competition for community-based e-commerce pioneers such as Craigslist and eBay's classifieds business.
-
Amazon to Face US Antitrust Crackdown? Not So Far
Regulators have shown little appetite for taking on Amazon as it has expanded from an online bookseller into a marketplace for everything.
-
eBay to Match Amazon and Other Rivals' Prices in Bid to Attract Shoppers
eBay will guarantee that the roughly 50,000 new products on its Deals site will be at least as cheap as identical items sold by Amazon, Wal-Mart, Target, and other major retailers on the Web.
-
Amazon Lent $1 Billion to Merchants to Boost Sales on Its Marketplace
Amazon has doled out more than $1 billion in small loans to sellers in the past 12 months, compared with more than $1.5 billion it lent from 2011 through 2015.
-
Snapdeal Founders' Letter to Employees All but Confirms Imminent Sale
Will Snapdeal be snapped up by Flipkart soon? A letter from the founders to the team makes it look like things are coming to a close.
-
Snapdeal Said to Be Seeking Funds, Fuelling Takeover Speculation
"Snapdeal has been desperately looking to raise money in China for the last few months," Reuters quoted a person with direct knowledge of Snapdeal's plans.
-
Amazon Japan Offices Raided in Antitrust Case: Report
Japan's Fair Trade Commission declined to confirm the report, but added that it was "not incorrect".
