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No More Shopping From Amazon Or Flipkart During Lockdown!

The Karnataka Government has straight-up made a U-turn on its earlier decision to allow e-commerce players to operate amid the lockdown! On Sunday, the Karnataka Government barred e-commerce platforms from shipping non-essential goods, which then went on to disrupt deliveries...

Flipkart Acquires 100% Stake In Cleartrip To Diversify Its Offerings!

In a bid to increase the diversification of its offerings, Flipkart is all set to acquire a 100% stake in Cleartrip! On Thursday, the Walmart-owned e-commerce giant announced that it will acquire the operations of Cleartrip, one of India’s oldest...

After Amazon, Flipkart To Introduce EVs In Last-Mile Delivery: Partners With Mahindra Logistics!

The electric vehicle wave is taking over India in full swing and Flipkart is the latest entrant in the game! According to recent media reports, Flipkart has joined hands with Mahindra Logistics Limited (MLL) to accelerate the usage of electric...

Vying For A Bigger Piece of India’s Online Retail Space: Amazon And Flipkart Offer Similar Take Rates!

The two e-commerce giants Amazon and Flipkart, are battling at a breakneck pace when it comes to offering take rates. According to an analysis done by Jefferies, an American brokerage firm, for low-value items (which cost less than Rs 2,000),...

Elon Musk Lost More Money than the Total Valuation of Flipkart in a 4-day Span!

To say that Elon Musk has not had the best last few weeks would be putting it mildly. In fact, the explosion of the SN10 prototype is plenty representative of the state of Elon Musk’s personal finances right now. Setting records...

Flipkart IPO With $35 Billion Valuation: Walmart to take the SPAC Route

Flipkart IPO could turn out to be the biggest success story of an Indian startup unicorn. The face of the Indian e-commerce, Walmart-owned Flipkart has certainly quickened its steps towards a much-awaited IPO. The path it has zeroed in...

Tata Group NUE To Have Flipkart, MasterCard, Airtel Digital By Its Side

The Tata Groups’ foray into the bidding process for acquiring an NUE license is attracting several partnerships. As RBI is committed to pushing the digital payments to a great level of usage, it's offering a limited number of licenses to...

Flipkart Quickly Learns From the Mistake Amazon Did: Setting Up A Level Playing Field For Sellers!

Unlike Amazon which allegedly implemented unethical strategies to tackles India’s FDI policy for e-commerce marketplaces, Flipkart plans to do it right! People in the know have revealed that the Walmart-backed homegrown e-commerce major plans to introduce a new tier of...

Jabong is Finally Buried: Walmart Sets Its Priorities For Flipkart IPO!

At long last, Flipkart has performed the sacrificial rites of Jabong, with sights set on the much-awaited IPO. The burial of Myntra’s strapped cousin comes three months on the back of Walmart announcing it had taken non-cash impairment charges of...

After Ola and Uber, Now Swiggy And Flipkart Under Probe For Tax Evasion: What’s Brewing?

A few days ago, reports emerged about Ola and Uber coming under the scanner of Directorate General of Goods and Services Tax Intelligence aka DGGI for tax evasion. Now, Swiggy and Flipkart are suffering to the same fate as...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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