Source: flipkart.com
Flipkart, the India eCommerce player, has reportedly invested ₹452 crore ($66 million USD) into PhonePe, its payments unit. According to a report in DealStreetAsia, the...
Flipkart, the Indian eCommerce company being acquired by Walmart, will roll out a second loyalty program later in August. Reuters, citing the company, reported the...
As Walmart is refocusing its efforts in the U.S. and around the world, it seems the Japanese market is dropping from a place of prominence....
The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced its...
Walmart is facing opposition to its $16 billion deal to acquire Flipkart, with shopkeepers and traders affiliated with the Confederation of All India Traders kicking...
After committing $5 billion to investments in India, Amazon reportedly wants to increase its investment by $2 billion. With the additional capital, the eCommerce retailer...
While Walmart has taken a majority stake in Flipkart, the company’s operating structure will remain the same: Flipkart Co-founder and Group CEO Binny Bansal said that...
In 2016, 95 percent of transactions in India were done in cash and there were approximately 60 million online shoppers, representing about 14 percent of...
Amazon’s business in India is growing, with regulatory filings showing its B2B arm recorded a profit of $413,700 in 2017. According to The Economic Times, Amazon...