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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 ...
Flipkart, Myntra, Jabong, Snapdeal, among others to bring down coupon discounting to 20% by 2015 end [Type: News]
Top ecommerce companies, which have over the past couple of years lured millions of Indian consumers to shop online by offering deep discounts, have collectively reached an understanding to cut the high discounts through coupons to contain losses. ...
IBM Provide IT Solutions Supply Chain Logistics Firm Gati for e-Commerce Operations [Type: News]
Tech firm IBM said on Thursday it will provide IT solutions to supply chain logistics firm Gati Kintetsu Express (Gati KWE). Gati has chosen IBM Commerce solution to help online retailers meet the rising consumer demand for efficient delivery of ...
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 ...
Competition Commission of India gets complaint against online retailers [Type: News]
Fair trade regulator CCI has received a complaint against online retailers for indulging in alleged unfair business practices, Parliament was informed today. "The Competition Commission of India (CCI) has received information alleging anti ...
Apple rolls back iPhone 5S price drop in India [Type: News]
Apple India has rolled back the price drop it had announced on the iPhone 5S last week, multiple sources have told BGR India. Last week Apple India had announced significant price cuts on the iPhone 5S 16GB (from an MRP of Rs 53,500 to an MRP of Rs 4 ...
Lenovo is developing differentiated products for online and offline platforms [Type: News]
Chinese electronics major Lenovo is working on introducing differentiated products for the online and offline platforms to offer a wider choice of devices to end-consumers, reports Business Standard. Recently there have been several allegat ...
ShoppingWish has launched barcode scanning based mobile app [Type: News]
Shopping search engine, ShoppingWish has launched barcode scanning based price comparison mobile app, Scandid for the Indian market. The app supports scanning of products in books, electronics, appliances, personal care and more categories. Users can ...
Revenue Model for Online Retailers in India [Type: News]
The marketplace e-tailers in India operate on a commission-based model, under which they receive a fee for listing plus commission on sales depending on the category. “These portals are not retailers but technology companies and are built on ...
Royal Mail will be launching a 'Cick and Collect' service [Type: News]
One of Europes largest parcel delivery service, Royal Mail will be launching a 'Cick and Collect' service targeted towards online retailers and its consumers in attempts to modernise its parcel service. This comes after Ofcom loosened the regulations ...
Logistics platform Moovo raises funding from Yuvraj Singh Backed YouWeCan Ventures [Type: News]
On-Demand logistics booking platform Moovo has raised seed funding from cricketer Yuvraj Singh's YouWeCan Ventures and other angel investors. The startup, founded by IIT alumnus Abhishek Anand and Anjani Kumar, has developed an online platform to ...
Snapdeal leaves shoppers high and dry on sales day [Type: News]
Snapdeal, one of the country's largest online retailers, did a Flipkart on Tuesday, failing to deliver on its promises of big discounts and speedy deliveries on its Savings Day sale. The mess-up evoked the ire of hundreds of online shoppers, who ...
Wal-Mart told store managers to match online prices with Amazon [Type: News]
Wal-Mart Stores Inc has informed managers of its roughly 5,000 stores across the United States that they can match prices with Amazon.com Inc and other online retailers, the head of the company's U.S. business said on Thursday. Greg Foran sa ...
PC Jeweller Wearyourshine signs collaboration agreement with e-tailer Blue Nile [Type: News]
 PC Jeweller Ltd has signed an exclusive collaboration agreement with Blue Nile Inc, a leading online jeweller in the US, the company said in a stock market disclosure.     The partnership aims to evaluate the Indian market for pote ...
Fitrrati Tech product suggests the best Fit While Shopping Online [Type: News]
What is Fitrrati? Bengaluru based Fitrrati is a fit technology solution provider that helps consumers find the best size and fit when shopping online for fashion products like apparel and footwear. The startup was founded in 2014 by Durai Balusamy ...
Amit agarwal logical salesman leads Amazon India as Online Retail taking off [Type: News]
It’s a Saturday afternoon in Bangalore. It’s also the weekend before Diwali, the festival of lights that sees the biggest shopping frenzy in the country. That makes it the perfect time to meet Amit Agarwal, the India head of one of the th ...
one in six UK retailers plans to expand into bricks-and-mortar in 2014 [Type: News]
A study conducted by Royal Mail shows that one in six UK retailers is planning to expand into bricks-and-mortar in 2014. 40 per cent of UK SME online retailers are planning to move into completely new channels at some point in the next 12 months, ...
TTK Prestige revenue to likely grow [Type: News]
TTK Prestige is well positioned to leverage the revival in the Indian kitchen appliances industry, through new product launches, distribution expansion and ecommerce tie-ups. How eCommerce Gained Significance in India ? India is an extremely Price ...
Myntra seeks bigger discounts from retailers, aims for as much as 38% [Type: News]
Myntra, recently acquired by Flipkart, is seeking bigger discounts from retailers and brands by virtue of its increased sway in the fashion e-commerce space, in a move that's being likened by vendors to Amazon's pressure on book publishers. Bran ...
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 ...
CouponDunia Launches New App Sends Live Discounts To Your Device When You are Near A Store [Type: News]
Times Internet-owned CouponDunia has launched an in-store, hyperlocal couponing system where users will be able to buy items in offline stores using CouponDunia’s coupons in categories like apparel, footwear, accessories, home decor, electronic ...
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 ...
Bata gears up to start retailing CAT footwear [Type: News]
Footwear and fashion accessory manufacturer Bata may soon start retailing and distributing CAT footwear in India. CAT, a lifestyle brand with a heavy equipment heritage, was earlier being sold and distributed here by Tata International after it fo ...
Snapdeal sets target to sell fashion product worth $2 billion in 2015-16 [Type: News]
Ecommerce major Snapdeal is tying up with leading fashion brands, designers and some large format retailers such as Shoppers Stop, and has set a target to facilitate sales of fashion product worth $2 billion, or about Rs 12,400 crore, next fiscal. ...
Cazbak.in launched as an online shopping rewards platform for ecommerce consumers [Type: News]
Cazbak.in is launched as an online shopping rewards platform for ecommerce industry in India. Cazbak is an online loyalty based website which redirects users to their intended retailer and in turn rewards them back with a certain amount of their spen ...
Coupons Website CashKaro Raises Investment From Ratan Tata [Type: News]
Continuing his investment spree in Indian start-ups, Ratan Tata, chairman emeritus of Tata Sons, has invested an undisclosed amount in Gurgaon-based cashback and coupons start-up CashKaro.com. This is his third investment in start-ups this month &m ...
ASOS To Begin Same-Day Delivery For Impatient Shoppers [Type: News]
ASOS is trialling a same-day delivery service, available for a limited time in select London postcodes.   Dubbed ASOS Instant, the new service is available to customers who place their orders before 10am between Sunday and Friday.   The ...
Logistics might pose a threat to Indian e-commerce industry [Type: News]
Industry experts have claimed that India's e-commerce businesses have focused too much on marketing and customer acquisition and not enough on the nuts and bolts of delivering goods. Their comments came in the wake of the recent "Diwali deba ...
HMT is Shutting Dow, Goes Online to Sell Last of it Watches [Type: News]
Public sector brand, HMT Watches is planned to shut down its business operations since it has been unable to keep up with the evolving trends. It is partnering with online retailer Flipkart to sell 3,000 of the last of its stock online. The c ...
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 ...
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