ecommerce
Brief
Flipkart Staring At $1.3 Billion Fine: ED Comes Down Heavily On Flipkart Founders and Investors
The eCommerce behemoth Flipkart is staring at the penalty which could be one of the highest penalties any indian tech company has ever received. According to a Reuters report, the Enforcement Directorate asked the management of the indian eCommerce...
Brief
InfoEdge Still Betting Big On Zomato Even After Overwhelming Response To IPO
After the success of Zomato’s IPO, the founder and vice chairman of InfoEdge, Sanjeev Bikchandani said that Zomato sees ‘tremendous potential’ and he is still betting on the latter. He also revealed that he is not going to sell...
Brief
A Big Blow To Amazon and Flipkart: CCI Investigation To Continue
Flipkart and Amazon continue to find themselves in hot water as their plea against the investigation that is being carried out by CCI is rejected by the High Court of Karnataka. Both the eCommerce giants are being investigated for...
Brief
In The Era of UPI, Wallet And Bank Apps, Pay By Link Transaction Is Equally Popular [STUDY]
Many believe that payment links via SMS or WhatsApp are a matter of the past as UPI, mobile wallets and Banking apps are fast taking over with the exploded adoption of smartphones and apps. The recent data related to...
Brief
Retail Ecommerce Sales in India: The Fastest Growing Market With 27% Growth Rate in 2021
Dazeinfo -
The retail eCommerce market in India is growing at commendable pace. The exploded smartphone adoption and deep penetration of high-speed mobile internet connectivity have emerged as the catalyst for the retail e-commerce boom in the country.
According to the latest...
Brief
Carl Pei’s Startup Nothing Banks On Flipkart in India
Neeraj M -
The much-talked Nothing, a consumer electronics startup, has partnered with Indian eCommerce major Flipkart for the launch of its first product.
Founded by Carl Pei, the co-founder of OnePlus, Nothing is making waves since it was launched in January this...
Brief
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...
Brief
Tata Group Has Sounded The War Bugle: CCI Approves BigBasket Deal!
The acquisition of BigBasket by Tata Group could now be concluded without any hiccups. The CCI has finally greenlighted Tata Son’s proposal to acquire a majority stake in the homegrown e-grocer startup BigBasket!
Tata Digital, one of Tata Sons wholly-owned...
Brief
Global eCommerce Payment Frauds In 2021: 18% Rise, Amounting To $20 Billion [REPORT]
While on one hand, the COVID-19 pandemic has accelerated the adoption of e-commerce worldwide, on the other, it has led to the rise of e-commerce related fraud.
According to a new study from Juniper Research, it has been found out...
Brief
You Can Continue Shopping Online During Lockdown: Everything At Your Doorstep
Karnataka residents you can now safely practice social distancing without having to step out to get your essentials!
The Karnataka Government has recently announced that all e-commerce platforms such as Flipkart and Amazon will be allowed to deliver all types...
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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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