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Walmart reports 8% growth in International sales, credits Flipkart’s strong performance
US-based retail giant Walmart has announced an 8% year-on-year (YoY) growth in international sales to $30.3 billion in Q3 FY25, driven by Flipkart's solid...
ED launches probe against Amazon and Flipkart following seller investigations
The Enforcement Directorate (ED) has shifted its focus to investigating Amazon and Flipkart, after sellers, for allegedly violating foreign direct investment norms through their...
Flipkart to create 600 jobs with new FSC centre in Indore
Flipkart, India's leading e-commerce platform, has launched a new Fulfilment and Sortation Center (FSC) in Indore, Madhya Pradesh. Spanning 1.59 lakh sq. ft., this...
CCI to move SC over competition law violations by Amazon, Flipkart
India's antitrust regulator, the Competition Commission of India (CCI), is considering taking its case against Amazon and Flipkart to the Supreme Court.High Courts receive...
Flipkart adds 10,000 EVs to fleet, targets full switch by 2030
Flipkart , the e-commerce giant, announced that its delivery fleet now includes 10,000 electric vehicles (EVs). The company plans to fully switch to EVs...
Amazon, Flipkart under ED scrutiny, executives summoned for FDI law breaches
After the Enforcement Directorate (ED) raided Amazon and Flipkart seller offices, the agency is reportedly planning to summon executives from both companies over suspected...
Flipkart’s Ekart Logistic registers INR 1,718.4 Cr net loss, 5X surge from FY24
Flipkart's logistics arm, Ekart Logistics, has reported a significant increase in net losses to INR 1,718.4 crore in the financial year 2023-24, a five-fold...
ED raids sellers linked to e-commerce giants Amazon and Flipkart
India's Enforcement Directorate (ED) conducted surprise raids on Thursday, November 7 at offices of sellers linked to Amazon and Flipkart, amid growing scrutiny of...
Flipkart Internet achieves 21% revenue growth, cuts losses by 41%
Flipkart Internet, the marketplace arm of Flipkart, saw its revenue grow by 21% year-on-year to INR 17,907.3 Cr in FY24, as per Tofler's regulatory...
As competition heats up in quick commerce, Blinkit scraps ‘zero notice period’ policy
As competition heats up in the quick commerce sector and the fight for talent becomes increasingly fierce, Zomato-owned Blinkit has reportedly updated its employment...
Central Govt to act against e-commerce brands for violating dark pattern norms
The government plans to act against e-commerce companies after getting complaints about them breaking dark pattern rules during festive sales. The Central Consumer Protection...
India’s e-commerce sales soar to $6.5 billion in first week of festive season, see 26% YOY growth
The online marketplaces in India did grow by a rather impressive 26 percent year-over-year in terms of festive sales, amounting to $6.5 billion (55,000...