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…

Flipkart To Sack 800 More Amidst Gloomy Biz Outlook

After sacking 400 “under-performing” employees in July, the country’s top etailer Flipkart is learnt to be in the process of letting go of 800 more employees. The e-commerce major plans to “out-place” half of these employees, while the rest will be…

收購Jet.com之後,沃爾瑪想在印度電商市場放手一博

近日,全球最大零售巨頭沃爾瑪以30億美元現金和3億美元沃爾瑪股票的價格收購了美國電商公司Jet.com。該筆交易將推動沃爾瑪電商業務的發展,使其在電商領域更具競爭力。此次沃爾瑪收購Jet.com將幫助該公司更接近電商業務的終極目標:擊敗亞馬遜。雙方在電商領域的較量會影響到印度嗎? 而IT行業研究諮詢公司Greyhound Research的CEO戈吉亞(Sanchit Vir Gogia)並不認同斯里瓦斯塔瓦的看法,他認為沃爾瑪需要花費一段時間才能走出美國市場,公司的當務之急在於平穩地完成對Jet的收購。 Source: hksilicon.com | cnad.com | weiot.net | wxrw123.com |

Should Flipkart & Amazon Watch Out For Ecommerce Competition From Walmart?

With the acquisition of Jet.com, the year-old US based ecommerce startup, Walmart Stores Inc. made its way into ecommerce. Its entry into the lucrative online retail market came at an expense of $3 billion (to acquire Jet.com). On the other…

Why A Deal With Snapdeal Is A More Logical Choice For Flipkart Than Amazon

India’s e-commerce industry could see a major shake-up if online retailer Snapdeal’s preliminary conversations with local rival Flipkart and US-based Amazon to explore a possible merger make any headway. But a Flipkart-Snapdeal merger is a more likely scenario than a…

外媒:加码Paytm 阿里巴巴将推天猫印度

8月15日消息,据印度斯坦时报(hindustantimes.com)报道,阿里巴巴正和印度最大移动支付和商务平台Paytm商议,将全资收购或持股后者旗下的电商平台Paytm Mall。 “一旦这种情况发生,阿里巴巴能够获得Paytm Mall很大一部分。阿里巴巴在印度就不用从头开始了。”Greyhound Research的首席分析师Sanchit Vir Gogia说。 Source: China.com | 10jqka.com.cn | Yinhang123.net | ebrun.com | toutiao.com | Colabug.com | dgju.com | rizhuan300.com | peng-yuan.com | chinaef.com |  

据传阿里巴巴欲全资收购Paytm Mall,或更名为天猫印度站

雨果网从外媒近日报道中了解到,阿里巴巴很快就要跟亚马逊印度站和Flipkart竞争了。 有消息指出,阿里巴巴已经同Paytm的所有人Vijay Shekhar Sharma讨论全资收购或拥有Paytm旗下Paytm Mall的大部分股份。 市场调研公司Greyhound Research的首席分析师Sanchit Vir Gogia表示:“阿里巴巴可以轻松拿下Paytm Mall较大的股份,这样阿里巴巴就不用从头开始印度的业务。” Source: CIF News

Should Flipkart & Amazon Worry About Walmart’s Entry Into E-tail Market?

World’s largest retailer Walmart Stores Inc. has finally entered the e-commerce business with the acquisition of a one-year old startup Jet.com. Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound Knowledge Group, feels that Walmart will take time to move out…

Alibaba Eyes India Market, In Talks To Take Control Of Paytm Mall

China’s internet giant, the Jack Ma-controlled Alibaba, might soon start competing with Amazon and Flipkart in India as it eyes new markets to hit Ma’s target of two billion users. Alibaba, which posted quarterly revenue of $4.84 billion on Thursday,…

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…

Amid E-retail Crisis, Flipkart Puts 300-600 Employees On Road To Layoffs

Amid concerns of Indian startups’ financial health, Flipkart – the country’s largest e-commerce firm – put 300-600 employees on a performance improvement plan that might result in layoffs. “Market correction has impacted e-commerce firms. This is beyond regular attrition. Downsizing…

Going, Going…Jabong The Rise, Fall, And Sale Of Jabong Is The Future For Many Other Indian Startups

There was a time when Jabong was such a sought-after startup that some were even willing to pay $1.2 billion for it. On July 26, e-commerce major Flipkart acquired Jabong for $70 million—lesser than any of the bids reportedly made for…

How Jabong Dropped The Ball In Its Battle With Myntra

On July 26th, Gaurav Alagh, a former journalist turned entrepreneur, was having a bit of a bad day and he was getting rilled up on Twitter. His navy blue polo T-shirt hadn't come in, which he had ordered from fashion…

“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…

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…

Coming Soon To A Website Near You: The Carnage Of Indian E-commerce

At 148 years old, India’s salt-to-steel conglomerate Tata Group wants to get hip and cool. So, for its first big gamble on India’s booming e-commerce space, the group says it will only sell Camels—that’s short for “certified authentic merchandise everybody loves”—on its…

LinkedIn sets sights on Indian start-ups

US-based social networking company LinkedIn is looking at buying Indian start-ups, has tweaked its India portal and with its new 800 seater office in Bengaluru, as it seeks to build on its India presence. India is currently the second biggest market…

The Life Of A Startup After A Devaluation

India’s biggest technology startups are finally getting a taste of devaluation. For the last couple of years, India was flooded with venture capital money, which helped several tech companies become unicorns—startups valued at over $1 billion. But now, some of…

How to deal with packaging waste

As Indians start buying more things online, it is placing a lot of stress on disposal and management of packaging waste. For Kartik Subramanium, a techie, buying online was a cool thing to do. “From clothes to groceries, I shopped online,”…

New ad: why did Flipkart go back to basics?

E-commerce major Flipkart, with 75 million registered users, has gone back to explaining the basics of online shopping to Indian shoppers with its TV ad campaign, Flipkartmatlab bilkul pakka. The two-film campaign seeks to reassure customers that they can never…

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…

Snapdeal Still Has A Long Way To Go To Overtake Flipkart

It was not long ago that Kunal Bahl, CEO and co-founder of Snapdeal, announced that by the end of the current fiscal, that is 2015-16, his company will overtake Flipkart as India’s largest e-commerce company. “That will not happen for…

Here’s why investor community is kicked about Bansals’ role change at Flipkart

The clear demarcation of roles between founding members Sachin Bansal and Binny Bansal of Flipkart was only expected and it was just a matter of time before they exchanged roles or took on different mantles, say analysts who have been…

Flipkart co-founders take on new roles in push toward $100bn dream

The two Bansals have managed to raise over $3 billion from investors such as Accel India, Tiger Global, Steadview and Greenoks Capital since starting Flipkart. The latest injection, $700 million, came in late July, from Tiger, Steadview and others. This…

Online festival sales: Second time around is twice as nice

If you missed buying your favourite mobile, apparel or furnishing item on popular e-commerce sites like Amazon and Flipkart in their recent Diwali sale between October 13 and 17, there’s no reason to despair. That’s because sale continues on other…

Online festive sale: Second time around is twice as nice – Financial Express

If you missed buying your favourite mobile, apparel or furnishing item on popular e-commerce sites like Amazonand Flipkart in their recent Diwali sale between October 13 and 17, there’s no reason to despair. That’s because sale continues on other sites like Snapdeal, Paytm and…

Online festive sale: Second time around is twice as nice

If you missed buying your favourite mobile, apparel or furnishing item on popular e-commerce sites like Amazon and Flipkart in their recent Diwali sale between October 13 and 17, there’s no reason to despair. That’s because sale continues on other sites like Snapdeal, Paytm and…

Consumers win in Amazon vs Flipkart discount war – ET Brand Equity

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…

Consumers win 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-retailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…