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Flipkart’s B2C division nears INR 15,000 Cr in sales for FY23, registers reduced net loss of INR 4,026 Cr
Flipkart Internet Private Limited, the B2C division of Walmart-owned Flipkart, saw its operating revenue nearing the INR 15,000 Cr mark in the fiscal year...
Amazon, Walmart, and Target go head to head in race to accelerate delivery speeds
Walmart, Target, and Amazon are deeply invested in the shipping wars, a strategic maneuver acknowledged by retail experts as crucial for maintaining a competitive...
Amazon trials exclusive grocery service for Prime members in select cities
Amazon is currently conducting a trial for an additional grocery subscription service exclusively available to Prime members in three select cities.At a monthly cost...
Walmart ramps up exports from India to reduce dependence on China
Walmart, the worldwide retail powerhouse with ownership of Flipkart and PhonePe, is increasing its export of goods from India. This strategic move aims to...
Woovly raises undisclosed funding, plans to expand into new lifestyle verticals for deeper market penetration
Woovly, the social commerce platform, has successfully secured an undisclosed funding sum from notable investors including Sony Innovation Fund, SOSV, RTAF, and ViNners.The Bengaluru-based...
Amazon faces strikes in Europe amid Black Friday shopping rush
Employees of Amazon went on strike at various sites across Europe on Friday, expressing their opposition to the working conditions enforced by the U.S....
Amazon partners with WBIDC to boost exports from West Bengal
Amazon and the West Bengal Industrial Development Corporation (WBIDC) have entered into a Memorandum of Understanding (MoU) with the aim of boosting exports from...
Walmart ups the ante with swifter deliveries this holiday season through parcel stations
On Tuesday, Walmart, a key player in the retail industry, announced its plans to incorporate parcel stations into its online fulfillment centers. This strategic...
E-commerce giants seek FDI for inventory-based export platforms
According to reports, key players in the industry have advocated for the central authorities to allow foreign direct investment (FDI) in inventory-based e-commerce platforms...
Amazon aims for $20 Billion in exports from India by 2025, targets small sellers and diverse product categories
According to a senior Amazon executive, the ecommerce giant is setting its sights on achieving $20 billion in exports from India by the year...
E-commerce skyrockets in India’s festive season: GMV hits $10-11 Billion landmark
The festive season sale sparked a much-needed surge in online shopping following a subdued start to the year in the first half. E-commerce companies...
Amazon India marks history: Over 40 Lakh first-time buyers shop at the spectacular Great Indian Festival 2023
E-commerce giant Amazon announced that its month-long Great Indian Festival (GIF) 2023 has marked the most significant shopping event for its customers, sellers, and...