E-Commerce Digest: Flyte Shuttering; eBay-Snapdeal Deal & HomeShop18 Sales
While the eCommerce big daddy Amazon has officially entered the Indian market, Indian eCommerce players have had some major developments as well. After shutting down its Flyte Music Store, it appears...
View ArticleUpdated: Shopping Websites Preferred Over Smartphone Apps; Flipkart More...
Update: Nielsen has informed us that not all data in the report was from the survey. We have updated the report accordingly. Smartphone users still prefer mobile websites for shopping than smartphone...
View ArticleFlipkart Won’t Deliver Orders More Than 10K To Uttar Pradesh – CapitalMind
The online retailer Flipkart has, it seems, decided to stop delivering goods to the state of Uttar Pradesh above Rs. 10,000, including the National Capital Regions of Ghaziabad and Noida, says TOI....
View ArticleIndustry Moves: CA Media, IMImobile, Flipkart
CA Media LP, the Asian investment arm of The Chernin Group, LLC (TCG) has appointed Rishi Negi as Executive Vice President (EVP), Investee Operations. Negi will report to Rajesh Kamat, Chief Executive...
View ArticleUpdated: Naspers Had Invested Around $102.1M In Flipkart For 10% Stake
South African media conglomerate Naspers had invested 858 million rand (around $84.86 $102.1 million) in the e-commerce major Flipkart in return for 10% stake in the company in August 2012, the...
View ArticleUpdated: Flipkart Hikes Affiliate Fee Up To 10% For July; Competition Effect?
Updated below Online shopping marketplace, Flipkart has hiked affiliate payout fees to marketers on all categories that it offers. The timing cannot be missed – Last month, Amazon launched Associates,...
View ArticleUpdated: What Is Flipkart Doing Differently With Its Online Payment Solution...
Flipkart Payment Gateway Services Pvt. Ltd. has launched an online payment solution, PayZippy. The company claims that the launch version of PayZippy supports card payments for domestic merchant...
View ArticleExcl: Flipkart Applies For License To Launch Semi Closed Prepaid Wallet
Flipkart Payment Gateway Services Pvt. Ltd. is applying to launch a semi-closed prepaid wallet for consumers through their online payment solutions, Payzippy which was launched today. Speaking to...
View ArticleFlipkart Launches Notification Feature To Drive Sales
Online marketplace Flipkart has launched notification center that’s linked to user’s wishlist (Hat tip @nspeaks). It appears that Flipkart is testing the feature with some users as the feature did not...
View ArticleUpdated: E-Commerce Major Flipkart Raises $200M From Existing Investors
Hot on the heels of launching its online payment solution PayZippy, E-commerce major Flipkart has secured a fresh round of funding $200 million from existing investors like Naspers, Accel Partners,...
View ArticleFlipkart Founders On Plans, Marketplaces, Categories, Regulation,...
Flipkart co-founder Sachin Bansal is pitching the company’s $200 million fundraising as a validation of the e-commerce in India, despite the fact that Flipkart and a few others are the...
View ArticleUpdated: Flipkart Extends Its eBook App To iOS, WP8 & Web; Nokia Bundling Deal
Its taken them almost nine months to do this, but Flipkart has finally extended its eBooks app to iOS, Windows Phone 8 and the web, along with the existing Android app. These apps will allow users to...
View ArticleFlipkart Partners Self-Publishing Site Smashwords For E-Book Content
E-commerce major Flipkart has inked an e-book distribution agreement with the California based self-publishing and distribution platform Smashwords which focuses on independent publishers. As part of...
View ArticleUpdated: Nikon Says Flipkart & Snapdeal Are Not Its Authorized Dealers. So?
(By Nikhil Pahwa & Vikas SN) Update 2: Snapdeal has shared the following statement with Medianama: At Snapdeal.com, we take utmost care to list products only by those sellers who have the required...
View ArticleFlipkart Raises $160M From Dragoneer Investment, Morgan Stanley Investment &...
After raising a massive $200 million investment few months back, E-commerce major Flipkart has now raised an additional $160 million from new investors Dragoneer Investment Group, Morgan Stanley...
View ArticleE-Commerce Roundup: Flipkart, FashionAndYou, Avirate & Myntra
Flipkart Open Sourcing Its Technology Platforms E-commerce major Flipkart has open sourced two of its technology platforms – Phantom and HostDB over the past few months, reports The Economic Times....
View ArticleNaspers Invested $140M In Flipkart In July 2013; Flipkart iOS App
Naspers had invested 1.376 billion rand (around $140.1 million in July 2013 exchange rates) for an additional 8.6% stake in in the e-commerce major Flipkart in July 2013, the company has disclosed in...
View ArticleMe Too! Flipkart Launches One Day Delivery For Rs 90 In Select Cities
Right after Amazon started offering one day delivery for products sold through their website, Flipkart has also launched a similar service. While Amazon charges Rs 99, Flipkart charges Rs 90. To avail...
View ArticleFlipkart India Bleeds Rs 281.7 Crore In FY-13 Despite Five Fold Increase In...
Flipkart India Pvt. Ltd reported a loss of Rs 281.7 crore in the year ended March 2013, up from Rs 109.9 crore loss it reported in the previous year, despite a five fold increase in revenue to more...
View ArticleUpdated: Flipkart Debuts Lifestyle Private Label Flippd
After launching a digital accessories private label DigiFlip in July 2012, Flipkart has now launched a lifestyle private label called ‘Flippd‘, reports The Economic Times. Through this brand, Flipkart...
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