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25 Apr 2017

Warehouse executive gets to be day-long CEO at Flipkart

Thirty four-year old Padmini MP, a warehouse executive at Flipkart, on Tuesday walked into office as the CEO of India's largest e-commerce company, Flipkart.

10 Apr 2017

Snapdeal founders move to calm employees amid takeover speculation

Snapdeal has so far declined to comment on sale talks and said that it remains focused on achieving profitability.

21 Sep 2016

Flipkart crosses 100-million customers milestone

Homegrown e-tailer Flipkart has crossed the 100-million registered users mark, becoming the first e-commerce company in the country to hit the milestone.

16 Jul 2015

Flipkart launches financial assistance programme for sellers

Under the 'Growth Capital Initiative', Flipkart has partnered Bajaj Finserv, Axis bank, NeoGrowth, Lendingkart and Capital First to enable entrepreneurs fulfill their business aspirations.

16 Jul 2015

EBay sells enterprise unit to Permira consortium

Shares of eBay, which also announced an additional $1 billion share buyback program, were up 3 percent at $65.37 in premarket trading.

08 Jul 2015

Alibaba boosts Singapore Post stake, invest in e-commerce unit

SingPost is seeking to boost its e-commerce business to offset weak postal revenues, and last year an Alibaba unit bought an over 10 percent stake in SingPost for $249 million.

19 Jun 2015

Still an underdog, but China govt deals help Alibaba's cloud ambitions

Alibaba this week scored a minor deal with China`s northeastern port city of Dalian to build a cloud computing centre and provide online government services such as bill payment.

11 Jun 2015

New York AG questions eBay, PayPal on revised user agreements

New York law enforcement officials have written to eBay Inc and PayPal Inc this week, saying the companies` revised user policies "raise issues" under consumer protection laws.

14 Apr 2015

Amazon, HarperCollins reach multi-year publishing deal

E-commerce company Amazon.com Inc and publisher HarperCollins have reached a new multi-year publishing deal that covers both print and digital titles, The Wall Street Journal reported, citing HarperCollins.

31 Mar 2015

Snapdeal says not in immediate need to raise money

Snapdeal raised $627 million from Japan`s SoftBank in October last year.

e-commerce company

17 Mar 2015

Snapdeal to invest up to $200 mn to improve deliveries

Ecommerce company Snapdeal.com will invest $150 million-$200 million to strengthen its delivery network in the next financial year, an executive said.

22 Jan 2015

EBay to cut jobs, sell enterprise unit ahead of PayPal split

EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year.

Myntra Fashion Incubator

12 Dec 2014

Myntra Fashion Incubator programme kicks off, selects 11 new talents

To provide a platform to budding designers from across the country, the e-commerce company has selected 11 new faces who will be trained under their first batch of Designer In Residence (DIR) module.

e-commerce company

11 Dec 2014

Snapdeal buys gift recommendation firm Wishpicker

In its first acquisition after USD 627-million Softbank fund infusion, e-commerce major Snapdeal has acquired Wishpicker, an online gift retailer founded by IIT-Delhi graduates.

Rocket Internet

26 Sep 2014

Rocket Internet brings forward listing date over high demand

Initially, investors had from September 24 until October 7 to apply for shares. But the subscription period would now end on October 1.

Rocket Internet

10 Sep 2014

Rocket Internet to unveil 750 mn eur IPO on Wed

The companies join a flurry of e-commerce flotations set to be crowned by Chinese giant Alibaba next week.

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