Friday, November 8, 2024

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Google joins Walmart-led funding round to back Flipkart’s expansion plans

News
Walmart-backed Flipkart has secured Google as a minority investor for its latest funding round, led by the US-based retail giant. Flipkart has highlighted that the terms of Google's investment are subject to regulatory approvals and mutual...

Ecommerce industry backs govt’s mandatory quality norms for consumer reviews

News
Ecommerce platforms have united in support of the Centre’s proposal to mandate compliance with quality norms for consumer reviews. During a meeting held on Wednesday (May 15), representatives from leading ecommerce firms and tech giants like Flipkart,...

Google overhauls Order with Google feature, transforms it into a redirecting tool for seamless restaurant orders

News
Tech giant Google has revamped its Order with Google feature, transforming it into a redirecting tool rather than a direct ordering channel, as reported...

Cash-strapped Dunzo promises to settle outstanding payments to former employees by March-end

News
Google-backed delivery startup, Dunzo, plans to settle outstanding payments to former employees by 30 March. This decision comes after a challenging year marked by...

McDonald’s partners with Google to introduce generative AI in thousands of outlets by 2024

News
To enhance its food service, McDonald's is teaming up with Google to introduce generative AI across thousands of its locations, with the rollout set...

Dunzo’s valuation may plummet to $200 Million as firm seeks approval for rights issue

News
The quick commerce startup Dunzo is in the process of obtaining the board's approval for a potential $35 million fundraising effort. However, there is...

Dunzo’s financial distress intensifies amidst shareholder disputes over valuation decrease

News
Differences among shareholders regarding the degree of Dunzo's valuation decrease are currently hindering the acquisition of fresh financing for the distressed quick commerce startup. People...

Legal troubles mount for struggling Dunzo as companies seek payment resolution

News
Dunzo, the struggling quick-commerce startup, has reportedly received legal notices from at least seven companies, including Google and Facebook, over pending dues. The notices...

Hyperlocal commerce player Dunzo defers salaries for some employees, cites cash-flow constraints

News
Dunzo, a hyperlocal quick commerce player backed by Google and Reliance Retail, has made the decision to defer up to 50 percent of salaries...

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