e-commerce
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Flipkart pilots 10-minute medicine delivery, death to local ‘medical stores’
India's 10-minute delivery market is expanding beyond groceries and essentials to include food and medicine. Flipkart, a major e-commerce player, is planning to start...
E-commerce emerges as top sales channel for FMCG, what does new study have to say?
Over 60% of FMCG companies now see e-commerce as their key sales platform, with nearly 75% of mid-sized firms favoring it as their primary...
NCLAT rejects INR 3.7 Cr insolvency petition against Amazon Wholesale
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea seeking to initiate insolvency proceedings against Amazon Wholesale (India). This decision comes after Multiplier...
CCI approves Google’s Alphabet acquiring stake in Flipkart
The Competition Commission of India (CCI) has given the green light for Google parent company Alphabet to acquire a stake in ecommerce giant Flipkart.Flipkart...
Flipkart’s Ekart achieves 8x growth in three years, boosts monetization efforts
The in-house logistics arm of ecommerce giant Flipkart, Ekart has scaled its operations and recorded an impressive 8-times growth over three years. This growth can...
Zomato CEO Deepinder Goyal gives up approx. $2 million salary: More than meets the eye?
Zomato founder and CEO Deepinder Goyal has voluntarily waived his base salary of INR 3.5 Cr per annum till March 31, 2026. Goyal hasn't...
Flipkart guilty of unfair trade practice! Consumer Commission’s action
Flipkart, the ecommerce giant, has been held guilty of unfair trade practice by the District Consumer Disputes Redressal Commission in Mumbai.Flipkart’s "no return policy"...
Reid & Taylor launches e-commerce site, targets additional sales on Myntra
Reid & Taylor Apparel, a men's ready-to-wear fashion brand, has launched its e-commerce website, reidandtaylor.in. The website allows customers to shop for a variety...
Flipkart co-founder Binny Bansal leaves PhonePe, complete exit from Walmart ecosystem
Flipkart co-founder Binny Bansal has resigned from the board of directors of PhonePe, a digital payments company. Binny Bansal holds 1% stake in PhonePeThis move...
Flipkart appoints Walmart executive Dan Bartlett to Its Board of Directors
E-commerce major Flipkart has appointed Dan Bartlett, a senior executive at Walmart Inc, to its board of directors. Bartlett, who is currently the executive...
E-commerce platforms transforms consumer buying patterns in metro cities – NielsenIQ
The rise of online platforms has transformed consumer buying patterns, particularly in metro cities, where shoppers now prefer "stock-up" purchases over "top-up" buys, according...
RBI says rural India emerges as “Goldmine” for e-commerce platforms
The Reserve Bank of India (RBI) has highlighted rural India's significant contribution to ecommerce growth in the recent festive season. In its November 2024...