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eBay takes $61 mn impairment hit on Snapdeal investment
Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling its ......
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Why click-and-mortar may be the key to cracking India's grocery delivery business
What are the keys to success in the grocery delivery business? BigBasket co-founder Hari Menon thinks a deep understanding of ......
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Amazon India integrates UPI into its mobile interfaces
Online retailer Amazon.com, Inc.'s India arm said it has integrated into its mobile interfaces a governmental payment system called Unified ......
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Amazon's India investment continues to dent profitability
E-commerce giant Amazon.com Inc.’s massive investment in India has become a drag on its margins, with the loss on its ......
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BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others
SuperMarket Grocery Supplies Pvt Ltd, which owns the BigBasket brand, has raised $300 million (around Rs 1,921 crore) in a ......
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Snapdeal in talks with Amazon, Intuit to sell Unicommerce: Report
Ecommerce firm Snapdeal has kickstarted discussions to sell technology solutions arm Unicommerce, The Economic Times reported, citing people it didn't ......
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Amazon injects another $306 mn into Indian arm
Amazon Seller Services Pvt. Ltd, the local arm of Amazon.com, has received another Rs 1,950 crore ($306.3 million) as the ......
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Snapdeal posts steep fall in FY17 revenue
Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, reported a 26% drop in consolidated revenue for the financial year ......
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Amazon's cloud unit buys cybersecurity startup founded by ex-NSA workers
Amazon Web Services Inc. (AWS), the cloud computing arm of e-commerce giant Amazon.com Inc., has acquired cybersecurity startup Sqrrl Data ......
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Amazon set to open automated grocery store
Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, ......
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