The fresh equity round values Flipkart, where Walmart acquired a majority stake for USD 16 billion two years ago, at USD 24.9 billion.
14 Jul 2020 7:33 PM
Many of the Chinese apps have several Indian alternatives. For others, there are the Big Tech ones.
01 Jul 2020 8:44 PM
Walmart stores in even Tier II & III cities like Karimnagar, Nizamabad, Aurangabad and Amravati have also shown high e-commerce mix.
28 Jun 2020 7:15 PM
Flipkart's Android mobile app now has a voice assistant, and the feature will gradually be made available on iOS and the website.
09 Jun 2020 9:04 PM
The company spokesperson said that Flipkart intends to re-apply for the permit
01 Jun 2020 3:59 PM
Grocery is 70% of Indian retail market, with 90% driven by neighbourhood shops. Will Reliance include them, subdue them or wipe them out?
26 May 2020 5:54 PM
It may struggle to employ people for warehousing and delivery to meet surging demand, as many such roles were being fulfilled by migrants.
22 May 2020 6:44 PM
Ecommerce platforms were adversely impacted by the lockdown, as groceries account for a small portion of online sales.
18 May 2020 9:31 PM
Purchases made till May 28 are eligible for the no-cost EMI scheme, whereas the free Bluetooth earphones is only on offer till May 21.
15 May 2020 8:28 PM
A group of the top venture firms warned startups this month that it will be “very difficult” to raise financing anytime soon
11 May 2020 3:01 PM
A database of 20 million accounts of Unacademy, said to be India’s largest online learning platform, was sold on the dark web for USD 2,000.
07 May 2020 10:33 PM
The company is also offering warranty on new phones up to Rs 2,599, as well cashback and EMI schemes till May 31.
07 May 2020 6:44 PM
Under the latest rules, e-commerce activities in red zones are permitted only for essential goods during the third phase of lockdown
03 May 2020 12:36 PM
Amazon has also made a move to get kirana shops on its platform, and in the coming months it's likely that Flipkart and Snapdeal will too.
02 May 2020 11:32 PM
There was talk of some retail traders mounting pressure on the government that local shops be allowed to sell non-essentials items
19 Apr 2020 3:22 PM
The assurance comes a day after a pizza delivery boy tested positive for COVID-19, and 72 families he came in contact with were quarantined
17 Apr 2020 6:52 PM
The government is attempting to revive industrial and commercial activities stalled due to the lockdown since March 25
16 Apr 2020 7:56 PM
The AIOVA had alleged abuse of market dominance by Flipkart.
05 Mar 2020 1:43 AM
The appellate tribunal has directed the CCI to ask its probe arm Director General (DG) to investigate into the allegations.
04 Mar 2020 11:49 AM
In its petition, Flipkart claimed that the CCI probe is without initial evidence on whether the company's practices were harming competition.
22 Feb 2020 6:33 AM