Flipkart Group on Wednesday said it disbursed USD 100 million for repurchasing the employee stock options (ESOPs) of over 3,000 present and past employees across the group companies including Myntra and Jabong besides Flipkart.
US-based e-commerce firm Amazon claims to be the market leader in India dismissing industry reports
Redseer this week ranked home-grown e-commerce firm Flipkart over global rival Amazon as the most trusted brand in online retail in India.
The report which takes into account the Diwali festival weeks also said that both the companies suffered on the scoring due to a decrease in satisfaction in the consumer experience post-delivery.
Amazon India has collaborated with organisations that work with towards encouraging women entrepreneurship, including Sewa (Self-employed Women's Association) and Impulse Social Enterprise.
The founder of the world's largest e-commerce company made nearly USD 2.4 billion on Friday alone.
The investment and introduction of 'chatbots' comes at a time when the e-commerce giant is locking horns with Flipkart in the Indian market.
Smartphone is one of the biggest categories for Flipkart, which is locked in a fierce battle with US-based Amazon for leadership in the booming Indian e-commerce market.
A German man has a bizarre experience as his home assistant started playing music at full volume, on its own
Troops from Brazil, Colombia and Peru will set up a temporary military base in their tri-border region for a week-long logistics exercise in humanitarian assistance and disaster relief, Brazilian army officials said.
Only four years after quitting his accounting job in Minneapolis, Minn., to flip purchases full-time, his business is making well into the six figures in profits per year
The Future Group CEO dismissed competition from startups and said his company's business model will not change much in the next decade.
There have been multiple rumours about the company starting to accept cryptocurrencies. Last month one such rumour that it will accept bitcoins for purchases drove bitcoin’s price upwards
Kindle Oasis 8 GB model costs Rs 21,999 while the basic version will be available for Rs 5,999 in India.
The gain in Amazon stock price added nearly $ 7 billion to his wealth overnight
Flipkart claims 70 percent share of the online sales this festive season, even as Amazon India has reported having achieved 44 percent market share in online transactions
The move, in the works for more than a year, may help Amazon capture sales from shoppers who could not make it home to receive an order in person, and did not want the package stolen from their doorstep. It also signals Amazon's ambitions in the growing market for home security devices, where Alphabet Inc's Nest Labs competes.
The police have identified that the material was shipped by Amazon’s Warehouse Deals via UPS from a facility in Massachusetts
When a company like Apple - which launched Apple Pay globally back in 2014 - decides to now make an entry into India's digital payments space one understands how big the stakes are
The company as per the reports had applied for the patent back in 2014
Since being granted permission earlier this year by India's central bank to operate a prepaid payment instrument (PPI), Amazon has thus far put in more than Rs 350 crore into Amazon Pay.
Sony, YouTube, BMW, Mercedes Benz and British Airways are the other brands to feature in the top 10.
Flipkart had initially launched the loyalty programme called Flipkart First, but it fizzled out due to lack of focus from the company and low interest from consumers.
Electronic appliances, smartphones, fashion categories are currently being sold on e-commerce sites at heavy discounts.
The report issued today faults many of the biggest technology companies for failing to deliver on commitments to reduce emissions of greenhouse gases, use more recycled materials and phase out use of toxic materials.