Sunday, November 24, 2024

e-commerce

Shein investors offer shares at 30% discount amid dwindling IPO prospects

As per a Bloomberg report, Shein investors are trying to divest shares in private market transactions, with valuations for the online fashion giant dropping...

Flipkart nears profitability amidst cost reduction measures and fintech expansion

Flipkart, the e-commerce giant led by Walmart, is approaching profitability, according to Kalyan Krishnamurthy, the group chief executive. Despite operating at a loss, Krishnamurthy...

Victoria’s Secret unveils its first beauty store in Mumbai

On Monday, Apparel Group India, the parent franchise of the American specialty retailer brand Victoria's Secret, announced the opening of its first beauty store...

JioMart reports 3X surge in seller base, expands non-grocery offerings, and achieves record revenue in Q3

JioMart, the e-commerce platform of Reliance Retail, reported a threefold increase in its seller base in the December quarter results posted on Friday.Expanding beyond...

Strong demand propels 36 brands into tier-II cities throughout 2023

In the first three quarters of 2023, thirty-six domestic and international brands extended their reach into tier-II cities due to strong demand from smaller...

NRAI urges govt to restore input tax credit and raise GST to 12%

On Monday, the National Restaurant Association of India (NRAI) appealed to the government to reinstate input tax credit for restaurants. They proposed an increase...

Lexdale International to divest 2.62 Crore Nykaa shares valued at INR 490 Crore

Lexdale International is reportedly seeking to divest 2.62 crore shares of the beauty e-commerce giant Nykaa through open market transactions.Sources informed CNBC-Awaaz that the...

Recent articles

× Drop a, Hi?