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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
- Monday November 11, 2024
- Reuters
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,
- www.gadgets360.com
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Indian Clothing And Fashion Start-Up Meesho Lays Off 15% Of Its Employees
- Friday May 5, 2023
- Business | Press Trust of India
E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.
- www.ndtv.com/business
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Flipkart Eyes Alcohol Delivery Foray With Diageo-Backed Startup, Letters Show
- Friday August 14, 2020
- Reuters
Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray.
- www.gadgets360.com
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Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs
- Thursday July 23, 2020
- Jagmeet Singh
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.
- www.gadgets360.com
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Amazon, Google Said to Face Tough Rules Under India's E-Commerce Draft Policy
- Monday July 6, 2020
- Saritha Rai, Bloomberg
India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data.
- www.gadgets360.com
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Global Lobbying Groups Call for Delay to India's New Digital Tax
- Wednesday April 29, 2020
- Reuters
The tax, inserted into budget amendments passed in March, caught the industry off guard as it was not part of the main proposals India's finance ministry had presented in parliament a month earlier.
- www.gadgets360.com
-
Amazon India Says It Has Doubled Its Seller Base in Less Than a Year
- Wednesday June 14, 2017
- Indo-Asian News Service
Amazon India on Tuesday announced it has crossed two lakh digital entrepreneurs-mark in just four years of its operations.
- www.gadgets360.com
-
SoftBank Said to Take Driver's Seat in Indian E-Commerce Shake-Up
- Monday May 8, 2017
- Reuters
SoftBank is said to be seeking to secure a piece of India's industry leaders in everything from payment systems to online shopping and groceries.
- www.gadgets360.com
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Amazon India Sets Up 7 New Warehouses, Creates 1,200 New Jobs
- Thursday April 6, 2017
- Press Trust of India
The warehouses will cater to Amazon India's large appliances and furniture category, for which it will also set up 33 delivery stations.
- www.gadgets360.com
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Indian E-Commerce Industry Showing Signs of Becoming Rational
- Wednesday October 19, 2016
- Tim Culpan, Bloomberg
It's hard to know how reasonable the internal targets were for e-commerce companies this season, but a decrease in discounting is important if the industry is to stand on its own merits and slow the cash burn.
- www.gadgets360.com
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
- Monday November 11, 2024
- Reuters
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,
- www.gadgets360.com
-
Indian Clothing And Fashion Start-Up Meesho Lays Off 15% Of Its Employees
- Friday May 5, 2023
- Business | Press Trust of India
E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.
- www.ndtv.com/business
-
Flipkart Eyes Alcohol Delivery Foray With Diageo-Backed Startup, Letters Show
- Friday August 14, 2020
- Reuters
Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray.
- www.gadgets360.com
-
Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs
- Thursday July 23, 2020
- Jagmeet Singh
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.
- www.gadgets360.com
-
Amazon, Google Said to Face Tough Rules Under India's E-Commerce Draft Policy
- Monday July 6, 2020
- Saritha Rai, Bloomberg
India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data.
- www.gadgets360.com
-
Global Lobbying Groups Call for Delay to India's New Digital Tax
- Wednesday April 29, 2020
- Reuters
The tax, inserted into budget amendments passed in March, caught the industry off guard as it was not part of the main proposals India's finance ministry had presented in parliament a month earlier.
- www.gadgets360.com
-
Amazon India Says It Has Doubled Its Seller Base in Less Than a Year
- Wednesday June 14, 2017
- Indo-Asian News Service
Amazon India on Tuesday announced it has crossed two lakh digital entrepreneurs-mark in just four years of its operations.
- www.gadgets360.com
-
SoftBank Said to Take Driver's Seat in Indian E-Commerce Shake-Up
- Monday May 8, 2017
- Reuters
SoftBank is said to be seeking to secure a piece of India's industry leaders in everything from payment systems to online shopping and groceries.
- www.gadgets360.com
-
Amazon India Sets Up 7 New Warehouses, Creates 1,200 New Jobs
- Thursday April 6, 2017
- Press Trust of India
The warehouses will cater to Amazon India's large appliances and furniture category, for which it will also set up 33 delivery stations.
- www.gadgets360.com
-
Indian E-Commerce Industry Showing Signs of Becoming Rational
- Wednesday October 19, 2016
- Tim Culpan, Bloomberg
It's hard to know how reasonable the internal targets were for e-commerce companies this season, but a decrease in discounting is important if the industry is to stand on its own merits and slow the cash burn.
- www.gadgets360.com