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Sunday, September 29, 2024

Tag: ecommerce

Foodtech giant Zomato makes strategic bid for Shiprocket, valuing logistics unicorn at $2 Billion

Zomato, a prominent player in the foodtech industry, is said to have extended an acquisition proposal to Shiprocket, a unicorn in the field of...

ONDC network live in 500 towns & cities, MoS Commerce affirms full adherence to e-commerce regulations

During the 13th day of the Parliament’s Winter Session, e-commerce took center stage as the government addressed a myriad of questions concerning regulation, competition,...

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...

FirstCry plans to launch IPO, aims for a $500-600 Million funding round

After postponing its initial public offering (IPO) last year amidst volatile market conditions, omnichannel retailer FirstCry is reportedly preparing to submit its draft IPO...

Walmart-backed PhonePe’s move to invest in Dunzo stumbles amid investor apprehension

Walmart-backed PhonePe recently made an offer to cash-strapped Dunzo to invest a significant amount in its merchant network business, at a time the latter...

Udaan secures $340 Million in Series E funding, eyes public market in 12-18 months

Udaan, a B2B ecommerce unicorn headquartered in Bengaluru, has secured $340 million in its Series E funding round. The funding was spearheaded by M&G...

Wipro enters D2C market with Bio-essence and plans expansion in the food industry

Wipro Consumer Care and Lighting is entering the direct-to-consumer (D2C) arena with its global brand Bio-essence, utilizing e-commerce platforms and soon launching its own...

Purplle achieves rapid growth in FY23, edging closer to the INR 500 Cr revenue mark

Purplle, the beauty-focused ecommerce marketplace, witnessed a substantial increase in its operating revenue, approaching the INR 500 Cr mark for the fiscal year ending...

Flipkart opens first ever grocery fulfillment center in Bhubaneswar, promising 24 hour delivery

Flipkart, owned by Walmart, has launched its first grocery fulfillment center in Bhubaneswar, Odisha, as part of an initiative to expand its grocery services. The...

Govt cracks down on ‘dark patterns’ in e-commerce, labels it as unfair trading

The government has prohibited the utilization of "dark patterns" – intentionally crafted deceptive tactics – by e-commerce and all other online platforms during the...

Amazon India’s largest seller Appario Retail reports 8% dip in FY23 revenue

Appario Retail, the largest seller on Amazon India, has reported an 8% drop in revenue for FY23, totaling INR 14,604.2 crore. This reflects a...

Meesho top performing investment in Prosus’ India portfolio for FY24

During the first half of the financial year 2023-24 (FY24), Meesho, a prominent player in the e-commerce sector, stood out as the most successful...

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