E-commerce

Flipkart sells half a million handsets in 10 hours

E-commerce major Flipkart on Thursday said it has sold half a million mobile handsets within 10 hours as part of its The Big Billion Days sale.

Oct 15, 2015, 11:46 AM IST

PayUmoney sees boom in digital adoption by SMEs

Leading payment gateway player PayUmoney remains bullish about rapid adoption of e-commerce by the small and medium-sized enterprises.

Oct 11, 2015, 20:59 PM IST

Paytm eyes Rs 4K-cr revenue from fastest delivery service

E-commerce firm Paytm is starting a new service 'Fastest Expert Delivery' that will ensure that products are delivered within two hours from receiving the orders from customers.

Oct 09, 2015, 18:02 PM IST

Flipkart appoints S Venkataraman as CFO for commerce platform

E-commerce marketplace, Flipkart, has has appointed Sriram Venkataraman as CFO, the new finance lead for its commerce platform(CP) and Pramod Jain as vice president and Head of Taxation. 

Oct 04, 2015, 15:16 PM IST

Flipkart ropes in tech executives from Amazon, Google, Microsoft

Homegrown e-commerce giant Flipkart on Tuesday announced appointments of three former Amazon, Google and Microsoft senior technology executives to different roles in the company.

Sep 22, 2015, 14:18 PM IST

E-commerce players betting big on offline presence

In order to differentiate their brand from the clutter of online brands, some e-tailers are setting up shops offline.

Sep 13, 2015, 17:51 PM IST

Law on e-commerce needed to protect online consumers: IIM study

"To effectively protect a consumer buying goods or services through e-commerce would need a separate law, as other countries have," said the study conducted by IIM Ahmedabad.

Sep 07, 2015, 10:25 AM IST

Wal-Mart's drug problem: Pharmacy business drags on profit

The company warned that the margin squeeze would continue for at least the remainder of the year.

Aug 19, 2015, 08:49 AM IST

E-commerce in Middle East to reach $4.9 billion in 2015

The rapidly evolving e-commerce in the Middle East has grown tremendously over the last decade and its value is expected to reach USD 4.9 billion this year.

Aug 11, 2015, 16:08 PM IST

Snapdeal launches new website Findmystyle.In

E-marketplace major Snapdeal will spend USD 100 million (Rs 640 crore) in the next three years on research and development as it looks to bring solutions to enrich online shopping experience as the competition hots up in the booming e-commerce industry in India.

Aug 05, 2015, 21:58 PM IST

No proposal to enact separate law to regulate e-commerce: Govt

Some instances of irregularity in the functioning of e-commerce have come to the government's notice, but there is no proposal to enact a separate law to regulate this emerging area, Parliament was informed on Tuesday.

Aug 04, 2015, 15:51 PM IST

E-commerce rakes up $2.68 tn in China despite slowdown

China's e-commerce trade soared in 2014 thanks to improved Internet infrastructure and an increase in cellphone users, state-run Xinhua news agency reported.

Aug 03, 2015, 15:16 PM IST

'Start-ups to add at least a dozen billionaires in India'

India is likely to produce at least a dozen more billionaires and several new millionaires by 2020 as the country's start-ups scene hots up, fuelled by sectors like e-commerce, financial services and other technology-driven fields, an Assocham study has projected.

Aug 02, 2015, 13:51 PM IST

Snapdeal appoints Amit Maheshwari as Exclusively.Com's CEO

Maheshwari was most recently serving as Senior VP (Fashion) at Snapdeal.

Jul 28, 2015, 19:10 PM IST

Snapdeal's big electronics sale on July 27-28

Following its competitors Flipkart and Amazon, e-commerce portal Snapdeal on Saturday announced electronics sale on July 27 and 28, offering up to 70 percent discount.

Jul 25, 2015, 20:27 PM IST

Wal-Mart buys out China e-commerce firm Yihaodian in online push

Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday.

Jul 23, 2015, 15:18 PM IST

Rocket Internet says portfolio value up 47% from IPO

Rocket`s LPV totalled 4.85 billion euros at June 30, up from 2.6 billion on Oct. 2, 2014, according to company documents.

Jul 22, 2015, 14:56 PM IST

PayPal keen to expand business in India

After its separation from e-commerce major eBay, digital payments company PayPal Tuesday said it is now free to partner with its founder's competitors and is keen to expand in India.

Jul 21, 2015, 22:42 PM IST

EBay sells enterprise unit ahead of PayPal split

E-commerce company eBay Inc said it was selling its enterprise business to a consortium led by private equity firm Permira for $925 million, as it streamlines its operations ahead of the separation from PayPal Holdings Inc .

Jul 17, 2015, 09:58 AM IST

Centre, states discuss FDI multibrand retail, e-commerce

Several issues pertaining to foreign direct investment (FDI) in multi-brand retail and emerging e-commerce business in the country were discussed during a meeting chaired by Commerce and Industry Minister Nirmala Sitharaman here.

Jul 15, 2015, 21:40 PM IST