Amazon
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Amazon says shipped over 5 bn items worldwide via Prime in 2017
Online retailer Amazon.com Inc said on Tuesday it shipped over 5 billion items worldwide via its subscription based Prime service ......
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Apple buys Canadian app development startup Buddybuild
iPhone-maker Apple has acquired Vancouver-based app tools startup Buddybuild for an undisclosed amount, a blog on the startup’s website said.The ......
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BigBasket's consumer-facing arm doubles revenue, narrows losses for FY17
Innovative Retail Concepts Pvt Ltd, which operates the consumer-facing arm of grocery e-tailer BigBasket, saw its revenues rise two-fold and ......
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Flashback 2017: Large fundraises dominate e-commerce in India
Big-ticket funding deals and a failed merger dominated headlines for Indian e-commerce this year.Ending months of speculation, online retailer Snapdeal ......
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Amazon-Patni JV seller entity Appario receives $21.85 mn
Delhi-based Appario Retail Pvt Ltd, a wholly-owned subsidiary of the joint venture between Amazon India Ltd and Ashok Patni, the ......
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Flashback 2017: Spectre of shutdowns continues to haunt VC-backed startups
Startup failures rarely make headlines. In fact, most startups don't even announce shutting down. But one shutdown this year came ......
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Alibaba launches first cloud data centre in India
In a move to extend its cloud services to Indian enterprises, Jack Ma-led Alibaba Group has opened its first data ......
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Myntra to launch offline beauty stores: Report
Flipkart group’s fashion and lifestyle e-tailing arm Myntra is planning to enter the beauty market by opening a chain of ......
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Flipkart wholesale arm's FY17 revenue touches $2.4 bn but growth slows
Flipkart India Pvt. Ltd, the wholesale arm of homegrown e-commerce marketplace Flipkart, has reported a slower rise in revenue for ......
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India competition watchdog approves SoftBank-Flipkart, Alibaba-BigBasket deals
The Competition Commission of India (CCI) has cleared SoftBank Group Corp’s purchase of a minority holding in Flipkart and Alibaba ......