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SoftBank’s $2.5 B Gives Flipkart More Ammo
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SoftBank Puts Its Eggs In Flipkart’s Shopping Basket
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Is This Flipkart’s Last Fundraise On Road To IPO?
India’s largest e-commerce company Flipkart’s recent fundraise of $1.4 billion (around Rs 9,000 crore), the biggest-ever in the country’s burgeoning consumer internet sector, has undoubtedly filled its coffers for now, but it also begs some important questions. Will this be…
Snapdeal Whips Up Excitement: Will This Festival Season Be A Game Changer For E-Comm?
The e-commerce discount wars for the festive season will begin soon. Snapdeal has geared up for it with a change in logo and slogan. The change has been brought about, explains Kunal Bahl, Co-Founder and CEO, to "enable users to…
Read More Snapdeal Whips Up Excitement: Will This Festival Season Be A Game Changer For E-Comm?
Layoffs Are In Line With Industry Practices: Flipkart
Indian e-commerce giant Flipkart, which has asked around 400 of its 33,000-strong workforce to leave the company on grounds of non-performance, said the move was in line with industry practices. Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound…
Read More Layoffs Are In Line With Industry Practices: Flipkart
“Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO
Snapdeal recently expanded their e-commerce marketplace to include more service offerings through a ‘one-of-a-kind partnership’ with Zomato, Cleartrip, UrbanClap, and redBus. Now in a recent interview with Livemint, Kunal Bahl, CEO, Snapdeal, said that the company is now focusing on…
Read More “Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO
Snapdeal May Die A Slow And Painful Death
On June 8, American e-commerce major Amazon announced an additional $3-billion investment in India, making clear its intention to win in the country. This throws up a massive challenge for all homegrown e-commerce companies, among which Snapdeal could be hurt the…
E-commerce norms may prove to be a dampener
The government’s foreign direct investment norms for e-commerce marketplaces issued on Tuesday may prove to be a dampener for consumers due to the clampdown on pricing freedom for marketplace operators and lack of adequate post-sales safeguards. “Exact numbers are not…
Consumers are winners in Amazon vs Flipkart discount war – Zee News
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested heavily on bringing the…
Read More Consumers are winners in Amazon vs Flipkart discount war – Zee News
Consumers are winners in Amazon vs Flipkart discount war
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested heavily on bringing the…
Read More Consumers are winners in Amazon vs Flipkart discount war