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  • With 3 billion packages to go, online shopping faces tough holiday test Dec 07, 2020 09:02 AM IST

    With 3 billion packages to go, online shopping faces tough holiday test

    The season is adding pressure on retailers, strained by a pandemic surge in e-commerce and limited by shippers, to deliver gifts on time.

  • COVID-19 pandemic | Flipkart asks its 12,000 employees to 'work from home' till May 2021 Dec 04, 2020 10:44 PM IST

    COVID-19 pandemic | Flipkart asks its 12,000 employees to 'work from home' till May 2021

    Flipkart said those who have been coming to the office will continue to do so. However, the rest of the staff will continue working from home unless there is a critical need to come to the office

  • Flipkart India's losses decline to Rs 3,150 crore in FY20 Dec 01, 2020 08:58 PM IST

    Flipkart India's losses decline to Rs 3,150 crore in FY20

    The net total income of Flipkart stood at Rs 34,610 crore as against Rs 30,934 crore in the previous financial year, recording an increase of 11.88 percent

  • ‘Unholy alliance’ between banks and e-commerce firms to destroy indigenous businesses, CAIT writes to Finance Minister Nirmala Sitharaman Nov 30, 2020 01:31 PM IST

    ‘Unholy alliance’ between banks and e-commerce firms to destroy indigenous businesses, CAIT writes to Finance Minister Nirmala Sitharaman

    CAIT termed the joint workings of e-commerce companies like Amazon and Flipkart with banks as an ‘unholy nexus’ and ‘cartelisation of banks’.

  • The Luxury E-Commerce Wars Heat Up Nov 30, 2020 12:54 PM IST

    The Luxury E-Commerce Wars Heat Up

    A supreme luxury e-commerce group is a compelling idea, but no one so far has been able to pull it off. Can that be about to change?

  • India's e-commerce festive season sees $8.3 billion worth gross sales: Report Nov 27, 2020 03:37 PM IST

    India's e-commerce festive season sees $8.3 billion worth gross sales: Report

    Of the $8.3 billion, $4.2 billion (Rs 29,000 crore) was logged in the first event, $1.2 billion (Rs 8,700 crore) in the second event and $1.4 billion (Rs 9,700 crore) and $1.5 billion (Rs 10,300 crore) in other events by e-commerce companies, including Amazon and Walmart-owned Flipkart.

  • Centre fines Amazon for failing to display country of origin tag on products Nov 26, 2020 09:25 AM IST

    Centre fines Amazon for failing to display country of origin tag on products

    The fine imposed as per the Legal Metrology (Packaged Commodities) Rules is Rs 25,000 per director, for first offences

  • DPIIT seeks comments from ministries, agencies on draft e-commerce policy: Report Nov 25, 2020 11:09 AM IST

    DPIIT seeks comments from ministries, agencies on draft e-commerce policy: Report

    Those tapped include the Ministries of Consumer Affairs and MeitY, and the Reserve Bank of India (RBI) and India Post

  • MSTC: Transformational journey from being a trading company into an E-commerce player Nov 19, 2020 09:13 AM IST

    MSTC: Transformational journey from being a trading company into an E-commerce player

    Recovery in E-auction revenues is the key monitorable for MSTC

  • Alibaba Singles Day sales hit $56 billion with record peak of 583,000 orders per second Nov 11, 2020 11:57 AM IST

    Alibaba Singles Day sales hit $56 billion with record peak of 583,000 orders per second

    This is being viewed as another indicator of China’s “economic rebound” from the pandemic after the coronavirus emerged in Wuhan last year, as Alibaba is not the only player seeing big numbers

  • Three PE funds invest $110 million in e-commerce logistics firm Xpressbees Nov 09, 2020 11:19 PM IST

    Three PE funds invest $110 million in e-commerce logistics firm Xpressbees

    The firm plans use funds for further automating its hubs and sort centres and to expand its delivery foot print to cover the entire country.

  • Ant Financial IPO mess – a case of regulatory overreach Nov 05, 2020 10:30 AM IST

    Ant Financial IPO mess – a case of regulatory overreach

    The Chinese authorities’ overbearing attitude underscores the perils of Shanghai becoming a financial hub

  • Flipkart Big Diwali Sale 2020: Here are some of the best deals on laptops Oct 30, 2020 07:04 PM IST

    Flipkart Big Diwali Sale 2020: Here are some of the best deals on laptops

    Flipkart has teased a bunch of Big Diwali Sale offers, claiming to offer up to 80 percent off on electronics.

  • E-commerce companies sell goods worth $4.1 billion in first week of festive sale: RedSeer Oct 27, 2020 05:06 PM IST

    E-commerce companies sell goods worth $4.1 billion in first week of festive sale: RedSeer

    Smartphones led the sale accounting for 47 percent of total festive sales, driven by new launches and affordable models with Rs 1.5 crore worth of smartphones being sold every minute across the online platforms in the first week of 2020’s festive sales.

  • Ant Group IPO to rocket Alibaba founder Jack Ma's wealth Oct 27, 2020 11:11 AM IST

    Ant Group IPO to rocket Alibaba founder Jack Ma's wealth

    Ant Group said on Monday that it plans to raise $34 billion in a listing shared between Hong Kong and Shanghai -- making it the biggest IPO in history.

  • Exclusive | India bats for e-commerce at WTO meeting, says framing rules would disadvantage developing nations Oct 23, 2020 01:49 PM IST

    Exclusive | India bats for e-commerce at WTO meeting, says framing rules would disadvantage developing nations

    India has also conveyed the Work Programme on E-commerce (1998) needs to be reviewed regularly and it should be a standing committee agenda item at the meetings.

  • Flipkart’s Big Billion Days sale sees surge in demand for work from home products Oct 22, 2020 01:51 PM IST

    Flipkart’s Big Billion Days sale sees surge in demand for work from home products

    Among the top sold items were smartphones, laptops, desktops, tablets and cameras, besides large appliances

  • Amazon Great Indian Festival: iPhone sales on opening day surpass 2019 numbers, Kindle sales more than double: Report Oct 20, 2020 10:04 AM IST

    Amazon Great Indian Festival: iPhone sales on opening day surpass 2019 numbers, Kindle sales more than double: Report

    Around 32 percent sellers on the site also saw their biggest sales day this year, and more than 110,000 sellers received an order

  • DMart converts 2 Mumbai stores into fulfilment centres to cater to e-commerce demand Oct 19, 2020 05:37 PM IST

    DMart converts 2 Mumbai stores into fulfilment centres to cater to e-commerce demand

    Besides, D-Mart has also expanded its e-commerce operations in select pin codes of Pune City.

  • Amazon workers say Prime Day rush breaks coronavirus safety vows Oct 15, 2020 11:55 AM IST

    Amazon workers say Prime Day rush breaks coronavirus safety vows

    The employees at a warehouse in Staten Island, New York claimed that Amazon had not been honest and forthcoming with plaintiffs or the court about not disciplining workers for falling short of the company's quotas for the number of tasks they complete each hour, Bloomberg reported.

  • Flipkart asks shoppers to book orders as sale season gets underway Oct 14, 2020 02:39 PM IST

    Flipkart asks shoppers to book orders as sale season gets underway

    The option is available for electronic accessories and home and lifestyle products but large appliances can't be booked. Snapdeal has done a survey to know what consumers want.

  • Explained | Here's how YouTube plans to compete with e-retailers like Amazon and Alibaba Oct 13, 2020 07:54 PM IST

    Explained | Here's how YouTube plans to compete with e-retailers like Amazon and Alibaba

    In this edition of the Explained series, Moneycontrol's Shraddha Sharma explains why Google's YouTube is looking to convert its product videos into a click-and-buy opportunity

  • Responsibility of all e-tailers to help the economy get started: Amazon India VP Oct 12, 2020 04:05 PM IST

    Responsibility of all e-tailers to help the economy get started: Amazon India VP

    The overall gross merchandise value (GMV) of online retailers is expected to touch $7 billion (Rs 51,329 crore) during the month-long festival sale period. Amazon plans to hire 1,00,000 employees, while Flipkart will onboard 70,000.

  • Walmart, Flipkart Group pump in additional investment in Ninjacart Oct 12, 2020 03:49 PM IST

    Walmart, Flipkart Group pump in additional investment in Ninjacart

    The companies, however, did not disclose the amount being invested.

  • Higher purchases, lower spending, how COVID-19 has changed online shopping: Report Oct 09, 2020 04:49 PM IST

    Higher purchases, lower spending, how COVID-19 has changed online shopping: Report

    The survey conducted involved findings from 3,700 consumers from nine countries - China, Turkey, Republic of Korea, Brazil, Italy, South Africa, Russian Federation, Germany, Switzerland.

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