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An email by a Mysurean, Girish Baga, to Amazon CEO Jeff Bezos about a delayed refund by Amazon India on a cancelled product got company officials to act quickly. The company refunded the amount in full and apologized for the delay. Educationist and Kuvempunagar resident Baga wrote to Bezos about the delayed payment on Friday, […]

Myntra has kicked off a 360 degree marketing campaign to underscore its service offerings, targeted at uninitiated shoppers across the country with a special focus on non-metro cities and small towns. Myntra’s research into the online shopping habits of people in non-metro cities indicates growth potential due to the presence of a high number of […]

In a major initiative towards making financial technology a high priority, top ecommerce marketplace Flipkart has appointed its chief technology officer Ravi Garikipati as the head of its fintech department with immediate effect. Flipkart chief executive Kalyan Krishnamurthy revealed this in an internal email to company employees on Tuesday. The engineering division of the company, […]

Paytm Payments Bank aims to become the world’s largest digital bank with 50 lakh accounts. The mobile-first bank has planned an investment of $500 million in know-your-customer (KYC) operations. On Tuesday, it was formally launched in the capital by Paytm founder and CEO Vijay Shekhar Sharma, who owns a majority stake in the company. The […]

Amazon India today has announced the launch of The Saheli Store on its platform which is a dedicated store for women entrepreneurs of the country to sell their locally produce products online. In collaboration with organisations that work to encourage women entrepreneurship, the program is in line with Amazon India’s vision, Amazon said this today. […]

An FIR has been lodged against e-commerce giant Flipkart‘s founders and a few other company officials for allegedly “cheating” a businessman to the tune of Rs 9.96 crore, police said today. Flipkart, however, dismissed as “false and baseless” the complaint by the businessman. The case pertains to ‘non-payment’ of dues by Flipkart to C-Store Company […]

Amazon.in will launch a special contest to identify and support product start-ups in India, that will see one successful company receive funding and mentorship to scale its offerings in India as well as markets in Europe and the US. In a statement on Monday, the online retailer said it had partnered with HAX, a global […]

Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts and bought more on their mobile devices, heralding a promising start to the key holiday season, according to retail analytics firms. US retailers raked in a record $7.9 billion in online sales on Black Friday and […]

As shoppers begin their holiday buying in earnest, some popular items appear to be TVs, electronics and toys like Hatchimals. Target said in a post on its website that popular deals included several big-screen TVs. In toys, it cited BattleBots and Hatchimals. Greg Foran, CEO of Walmart’s U.S. division, said Thursday that in the company’s […]

Major Australian retailers have come out fighting as American e-commerce giant Amazon prepares to launch its operations in the country. Woolworths, whose main operations include supermarkets, liquor retailing and discount department stores, has said it will step up its own online offerings, reports Xinhua. Chairman Gordon Cairns told the company’s annual general meeting in Melbourne […]