Thursday, December 26, 2024

e-commerce

IKEA eyes major investment boost in India as it explores next phase of funding and expansion plans

IKEA, the Swedish furniture retailer, is exploring further investment opportunities in India as it approaches the next phase of funding. The company initially committed...

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...

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