Flipkart‘s co-founder Sachin Bansal, who made a comeback to the day-to-day operations at the e-commerce company with the launch of the ‘Billion’ brand earlier this year, is now introducing a smartphone under the private label. Priced in the Rs 11,000-13,000 range, Billion Capture+ will be manufactured by home-grown device maker Smartrone and will look to cater to the […]
According to recent data, eCommerce spending has risen to $2.1 trillion in the past few years and will reach $5 trillion by 2020. Such rapid growth promises a great future for the Indian e-commerce industry signifying a strong market and increased customer demand. Despite these growth trends, many e-commerce businesses fail to take off within […]
After grocery, food delivery is emerging as the next big frontier for India’s largest ecommerce companies. Flipkart, Paytm and Amazon India are all actively exploring investments, acquisitions or expansions into the food-delivery business, a once-hot segment that soured quickly before a wave of consolidations brought about some stability. According to more than half a dozen entrepreneurs and venture capital investors […]
Soon you can listen to your favourite book on the go. Amazon is set to bring its audio-book and entertainment service–Audible– to India early next year and has started beta testing it here, people aware of the matter said. Amazon, which has launched global products like Prime and Alexa, is piloting the service among its employees internally at […]
Flipkart has initiated talks with India’s top online furniture marketplace Pepperfry for a strategic investment, said four people familiar with the matter, as the ecommerce giant explores ways to diversify its business through acquisitions and investments. The discussions, held last month, are preliminary and there is no guarantee a transaction will take place, these people […]
Leading e-tailer Flipkart on Tuesday announced acquiring F1 Info Solutions, a mobile and IT products repair services firm, for an unspecified amount. “F1, which has pan-India presence of owned and franchisees, will be part of our third-party service provider Jeeves, which caters to home appliances and furniture,” said the city-based e-commerce major in a statement in Bengaluru. […]
Flipkart has initiated talks with India’s top online furniture marketplace Pepperfry for a strategic investment, said four people familiar with the matter, as the ecommerce giant explores ways to diversify its business through acquisitions and investments. The discussions, held last month, are preliminary and there is no guarantee a transaction will take place, these people said, declining to […]
Online retailer Flipkart and sports goods company Decathlon 30 October announced a strategic partnership to bring the latter’s selection of sports equipment, fitness products, clothing, footwear and accessories to Indian shoppers. The logo of online marketplace Flipkart. Reuters. “This is a milestone partnership where a sports retail giant like Decathlon has chosen Flipkart as its preferred partner to […]
Here is some exciting demography of E-commerce Revolution in India which has more than 50% of its population below the age of 25 and more than 65% below the age of 35. (Source: Wikipedia) We are having more than 125 million Internet users and are known to be one of the top three fastest growing […]
