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eBay takes $61 mn impairment hit on Snapdeal investment

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08 February, 2018

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 ......

Why click-and-mortar may be the key to cracking India's grocery delivery business

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08 February, 2018

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 ......

Amazon India integrates UPI into its mobile interfaces

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06 February, 2018

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 ......

Amazon's India investment continues to dent profitability

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02 February, 2018

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 ......

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

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01 February, 2018

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 ......

Snapdeal in talks with Amazon, Intuit to sell Unicommerce: Report

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29 January, 2018

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 ......

Amazon injects another $306 mn into Indian arm

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29 January, 2018

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 ......

Snapdeal posts steep fall in FY17 revenue

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25 January, 2018

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 ......

Amazon's cloud unit buys cybersecurity startup founded by ex-NSA workers

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24 January, 2018

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 ......

Amazon set to open automated grocery store

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22 January, 2018

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, ......