Flipkart

Online Smartphone Sales Share in India Hits Record High Of 45% In Q2 2020!

The Covid-19 has changed the market equations completely. Almost every industry has resorted to online channels in a bid to survive and thrive, and the India smartphone industry is no exception. The share of online smartphone sales in India...

Flipkart Is Now $24.9 Billion Company: Building War Chest To Compete with Amazon And Jio

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...

Flipkart All Set To Take On JioMart With 90-Minutes Hyperlocal Delivery Offering

The Walmart owned e-commerce retailer Flipkart is unwinding an ice-breaking debut of 90 minutes Hyperlocal delivery offer to stand out in the online retail market. You might be intrigued by the term "Hyperlocal" here. Yes, it is a striking word...

PhonePe Net Loss by Year: FY 2016 – 2019

The above graph represents the PhonePe net loss by year, starting from fiscal 2016 to the recently completed year. Walmart-owned digital payment startup witnessed a huge surge in its net losses during the financial year ended March 31, 2019....

Growth in PhonePe Revenue By Year: FY 2016 – 2019

The above graph represents the growth in PhonePe revenue by year, starting from the fiscal year 2016 to the recently completed year. The Flipkart-owned PhonePe reported its highest-ever annual revenue of Rs 245.8 crore in FY 2019, with a...

Flipkart And Amazon To Launch Online Sale Events In May: An Attempt To Recover Losses During The Lockdown?

While most businesses are still struggling to cope up with the sudden economic downturn caused by the deadly outbreak of COVID-19, the two biggest e-commerce marketplaces in India Amazon and the Walmart-baked Flipkart have already started to plan their...

Ecommerce Players, Including Amazon And Flipkart, To Lose $1 Billion Due To Covid-19?

With India now experiencing a country-wide lockdown for 21 straight days along with the talks of plunging into recession in the near future, businesses of all kinds and sizes are being affected badly. Apart from the industries such as hospitality,...

This E-Commerce Underdog Is Challenging Biggies Such As Amazon And Flipkart In India

The eCommerce market in India is flourishing like before. All thanks for exploded adoption of Internet and Smartphone. Amazon and Flipkart are leading at the forefront of the e-commerce boom but they might want to start paying attention to...

Amazon and Flipkart Under The Lens Of Indian Authorities For Competition Squashing Activities!

The ongoing tug of war between Offline and Online retailers in India seems to be far from over. On Monday, the Competition Commission of India ordered a probe against Flipkart and Amazon to investigate a prima facie case involving...

Online Retail Startups in India to Give Stiff Competition to Amazon, Flipkart, and Other eCommerce Players [REPORT]

RedSeer, a market research company based in Bengaluru, India released a report on Thursday predicting a 10% growth in GMV of Indian vertical online retailers by 2022. The total GMV of the Indian e-retail market is estimated to be $30.8...
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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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