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Despite unique risks, Amazon plans to go ahead with $2 billion investment in India [Type: News]
Online retail giant Amazon is planning to expand its infrastructure in India. The US-based company plans to open its second 'fulfilment' centre in Gujarat as part of its $ 2 billion investment plan for the country. According to a Economic Times ...
India Biggest Online Marketplace Snapdeal May Acquire 10 Percent Stake In Zimmber [Type: News]
One of the India’ biggest online marketplace, Snapdeal is turning the focus on as the company is in talking term with Zimmber to acquire 10 per cent stake in the company.  As per the recent news, both the companies are at the final stage t ...
Global Fashion Group Puts 20M Dollar In E-commerce Firm Jabong [Type: News]
Global Fashion Group (GFG) has given a fresh lease of life to fashion e-commerce firm Jabong by  deciding to inject $20 million more into its loss-making firm.The funds will help to keep the company afloat for one more year, the report said quot ...
Reliance Retail borrow Rs 4500 crore for e-commerce boost [Type: News]
MUMBAI: Reliance Retail plans to borrow Rs 4,500 crore through term loans and debentures to build its ecommerce business and accelerate store openings in select formats as rivals intensify their efforts to expand market share. The Mukesh Ambani-contr ...
Alibaba chief Jack Ma ready for bigger play in India’s e-commerce industry [Type: News]
Alibaba's Jack Ma has given the clearest indication yet that the world's largest ecommerce group is ready for a bigger play in India's online retail industry, likely making the country one of the fiercest battlegrounds for global consumer Inter ...
Snapdeal launches own ads platform for sellers [Type: News]
Snapdeal has launched Snapdeal Ads, a platform that offers targeted advertising tools for sellers. Sellers can buy product ads on the platform, which are then displayed on Snapdeal as Sponsored Ads. The ads will be displayed on the web, mobile web ...
Any Scope For Online Art Marketplace in India [Type: News]
In the past couple of decades, the interest of people in Indian artwork has risen dramatically  across the globe. They have started recognizing it, thereby increasing its commercial value. The art industry has suddenly witnessed a growing demand ...
Snapdeal Brings Real Estate Shopping Festival [Type: News]
Online marketplace Snapdeal on Thursday launched a week-long real estate shopping festival offering properties in a price range of Rs 20 lakh to Rs 5 crore. The shopping carnival called 'Freedom from Rent', to be held during January 14-20, will featu ...
4 hottest jobs in Indian e-commerce industry [Type: News]
User interface developers, e-commerce merchandising specialists, interaction designers and digital marketers to be in demand in the e-commerce industry in the coming years. The Indian e-commerce industry warmed up in 2014, with a large chunk re ...
E-Commerce Samsons Snapdeal and Flipkart now client of real estate Giant Imperia Structures [Type: News]
Walking amidst the streets of industrial Delhi, looking at the skyscrapers, you feel no less than walking in a video game fantasy. The advancement that we have achieved and the exponential pace with which we are moving is almost like time travelling. ...
eCommerce Website Amazon Invests 300M Dollar To Improve Services [Type: News]
After investing $250 million in December 2015, eCommerce website Amazon has now invested about $300 million in Amazon Seller Services. The capital are being used to improve warehousing, logistics and marketing services.     With this, Am ...
Snapdeal.com likely to acquire Exclusively.in to take on rivals Flipkart-owned Myntra and Jabong [Type: News]
Snapdeal.com may be set to acquire Exclusively.in, a site that sells designer brands, as one of the country's largest online retailers looks to strengthen its fashion business to take on rivals Flipkart-owned Myntra and Jabong amid a consolidation ...
E-commerce player Flipkart aims to double online product sale to $8 bn in 2015 [Type: News]
Online marketplace Flipkart is reportedly aiming to double the total value of goods it sells to $8 billion in 2015, reports Reuters, citing sources. Currently, the company's gross merchandise values (GMV) is $4 billion, calculated on the basis of ...
Maharashtra FDA raids Snapdeal office for selling [Type: News]
 Maharashtra's Food and Drugs Administration (FDA) has raided the premises of major e-commerce company Snapdeal for allegedly selling prescription drugs online. According to FDA Commissioner Harshadeep Kamble, the officials raided Snapdeal's of ...
Reliance Industries seeks shareholders’ approval to make major forays into the online retail space [Type: News]
Reliance Industries has sought shareholders' approval to make major forays into the online retail space to cash in on the boom in the country's ecommerce market that is expected to grow four-fold to almost $70 billion by 2019. The Mukesh Ambani ...
Flipkart buys Diwalidhamaka domain name [Type: News]
The festive months of September and October are extremely important for e-commerce companies like Amazon, Flipkart, Snapdeal and others.  To capitalize on the festive season sales Amazon kicked off its Diwali Dhamaka sale, while Flipkart called ...
GSF launches ad tech accelerator Digital Media Labs [Type: News]
Two-year-old Gurgaon-based technology startup accelerator GSF is now launching Digital Media Labs which will train and fund 10 digital media and advertising tech start-ups in 2015. Spread over four months, start-ups from each of the two batches ev ...
E-commerce firms others use stock to lure high-level executives [Type: News]
With their ever-increasing valuation, pay packets that ecommerce companies offer to senior hires are getting fatter, too. And, they are sweetening up the offers with irresistible stock option plans to lure people from traditional retailers and sec ...
Home Service Provider DoorMint Raises US$3M To Take On Taskbob Zimmber [Type: News]
This round is led by Helion Venture Partners and Kalaari Capital; demonstrates VC interest spike in the on-demand home services space       Consumer Internet continues to hog the limelight in India. After the massive success storie ...
Ratan Tata is now in Fashion industry by investing in KAARYAH.COM [Type: News]
KAARYAH, a fashion brand for women's apparel, has raised an undisclosed amount of investment from Tata Sons' chairman Ratan Tata. This adds another online player in his portfolio. Also after this he is now chosen the fashion industry as his next vent ...
eCommerce firm Amazon invests $190M into Indian Flagship Firm [Type: News]
After creating a $2 billion fund for its Indian arm in 2014, and committing another $5 billion for the same in July 2015, eCommerce firm Amazon has invested an amount of $190 million (Rs 1,237 crore) into its Indian arm- Amazon Seller Services, mak ...
Affiliate sites like CouponDunia, Cashkaro and others gain from e-commerce slugfest [Type: News]
Early last month, when Flipkart was heavily promoting its largest single-day sale, rival Amazon India was busy courting online discount couponsellers, price-comparison websites, cash-back companies and other so-called affiliate networks to help drive ...
Mydala aims for 10 lakh merchants on its platform in next 3 years [Type: News]
Coupon and discount marketing platform mydala.com plans to get 10 lakh merchants on its platform in three years, a more than six-fold increase, a top company executive said. "We have about 1.5 lakh merchants on board currently and we are target ...
Fashion Portal Elitify In Talks To Raise Rs 13 Crore [Type: News]
Gurgaon-based fashion portal Elitify is in talks with potential investors including Paytm for raising $2 million or about Rs 13 crore, people aware of the matter said. Elitify founder Amit Rawal confirmed that the company is looking to raise funds, b ...
Electronics brands ask Amazon India to offer moderate discounts during Diwali sale [Type: News]
KOLKATA: Top electronics brands have asked executives at Amazon India to offer moderate discounts, not more than 15%, during its week-long Diwali sale starting October 10. This opens a few days after Flipkart's October 6 Billion Day Sale, during whi ...
Online Fashion Marketplace Jabong Poaches Snapdeal Head Of Strategy Ranjan Kant Former Lifestyle [Type: News]
Online fashion marketplace Jabong has appointed Ranjan Kant as its chief marketplace officer and Kalyan Kumar as the head of merchandise, in order to beef up the company's top management which was left in lurch when both key cofounders Praveen Sinha ...
Snapdeal, Ola investors refuse SoftBank’s buyout offer [Type: News]
While finalizing the to infuse capital in online retailer Snapdeal and taxi aggregator Ola last month, Japanese telecommunications and Internet corporation SoftBank Corp had also made an offer to buyout shares of angels and some early venture-capital ...
Snapdeal acquires Exclusively to strengthen its fashion business & reach $2bn in GMV in 2015 [Type: News]
India’s largest online marketplace, Snapdeal.com today announced it has acquired Exclusively.com (formerly Exclusively.in) the online destination for premium and luxury fashion. With this acquisition, Snapdeal.com looks to further strengthen ...
Flipkart, Amazon and Snapdeal to celebrate children’s day with special contests and deep discounts [Type: News]
E-commerce giants need an excuse to celebrate. To commemorate Children's Day big e-retailers such as Flipkart, Amazon and Snapdeal are not only giving huge discounts on products but running very interesting contests as well. Flipkart has tied- ...
Snapdeal, Amazon no match for Alibaba on sale day [Type: News]
Twenty minutes was all it took for Alibaba to clock its first $1 billion (Rs 6,100 crore) in sales during China's biggest online shopping event, the 'Singles Day Sale,' on Tuesday. Alibaba Group had crossed $7.7 billion (over Rs 47,000 crore ...
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