Brief
Flipkart IPO In 2021: Gunning For $50 Billion Valuation, But Ditches India
The poster boy for Indian e-commerce Flipkart is finally gunning for an IPO. The twist to the news is the listing country, as the eCommerce major is not eyeing to list itself in the home country first.
On Wednesday, a...
Brief
PayTM Suing CyberSecurity Startup Cyble: Desperation Or Justified Move?
All hell is breaking loose for PayTM Mall! Last month, a cybersecurity startup Cyble reported that the databases of PayTM’s e-commerce arm suffered a breach from a hacker group known as John Wick.
After the news made it to various...
Brief
Amazon, Fake Reviews, And Facebook: Shoppers Are Being Tricked
Customer reviews on Amazon play an important role in the buying decision of online shoppers. However, off late, the system is being gamed!
When shopping online, prospective customers pay close attention to product reviews to understand the quality, authenticity and...
Brief
Can Walmart Plus Subscription Take On Amazon Prime?
The Prime membership offered by the undefeated global e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) is something that can seldom be replicated or challenged. But, Walmart which is often dubbed as the U.S. retail giant has decided to do exactly...
Brief
UPI and RuPay Services to go Global as NPCI Launches International Wing
National Payments Corporation of India, aka NPCI, a body that regulates and facilitates digital payment activities in the Indian economy, has expressed plans to extend its services to overseas markets.
Most commonly associated with the RuPay cards and the UPI...
Brief
Global eCommerce Sales to Reach $3.9 Trillion in 2020 [REPORT]
As the coronavirus pandemic has lead healthcare authorities to discourage physical social contact as much as possible, the most popular mode of retail, namely brick-and-mortar retail has plunged to unprecedented depths.
But given the salience of commerce in everyday life,...
Brief
Facebook Reveals Big Plans Behind The WhatsApp JioMart Integration In India
After Facebook Inc. (NASDAQ:FB) acquired a minority stake of 9.99% in Jio Platforms for a whopping $5.7 billion in April, it was revealed that WhatsApp would be paired with Ambani’s O2O, aka offline to online, platform JioMart to boost local commerce...
Brief
Digital Transactions In India: From 100 Million To 1.5 Billion Per Day by 2025
The number of digital transactions in India will increase by 15x in the next 5 years.
The booming fintech industry of modern India is one of the best in the world, in terms of emerging digital economies. With a high...
Brief
Flipkart Is Now $24.9 Billion Company: Building War Chest To Compete with Amazon And Jio
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Flipkart Group has raised $1.2 billion in the fresh round of investment led by Walmart. The injection of new funds has valued the company worth $24.9 billion, up by 19% compared to the valuation it attained when acquired by...
Brief
The Latest CCI Verdict in Favour of Swiggy is a Bad News for Consumers?
With the online food delivery scene being tense in recent months, a complaint against India's leading online food delivery platform Swiggy provided a much-needed glimpse into the ordeal customers' are going through.
Swiggy was accused of exercising unethical practices....
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PVR Inox’s Food & Beverages Business May Soon Eclipse Movie Tickets Business
If you think that movie ticket sales are driving the growth of PVR Inox in India, then it's time...
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