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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.

Apr 25, 2017, 19:12 PM IST

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.

Apr 09, 2017, 19:33 PM IST

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.

Sep 21, 2016, 10:25 AM IST

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.

Jul 16, 2015, 20:35 PM IST

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.

Jul 16, 2015, 18:59 PM IST

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.

Jul 08, 2015, 08:09 AM IST

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.

Jun 19, 2015, 08:27 AM IST

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.

Jun 11, 2015, 21:59 PM IST

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.

Apr 14, 2015, 08:56 AM IST

Snapdeal says not in immediate need to raise money

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

Mar 31, 2015, 14:12 PM IST

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.

Mar 17, 2015, 14:57 PM IST

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.

Jan 22, 2015, 10:23 AM IST

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.

Dec 12, 2014, 09:47 AM IST

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.

Dec 11, 2014, 15:02 PM IST

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.

Sep 26, 2014, 17:41 PM IST

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.

Sep 10, 2014, 11:04 AM IST

Alibaba Group seeking US listing in third-quarter: Sources

It was not entirely clear if talks between Alibaba and the Hong Kong regulators have completely ceased, but the chances of a Hong Kong listing looks increasingly unlikely, the people added.

Mar 15, 2014, 15:37 PM IST

Alibaba to expand cloud-computing services overseas next year

By building platforms for companies to manage and store data in the cloud, Aliyun will become the first Chinese company to reach out to the foreign public cloud segment.

Dec 25, 2013, 22:33 PM IST

Alibaba to extend $8 bn loan to end 2014, buying more time for IPO

Alibaba Group Holding Ltd said on Wednesday it is seeking to extend the draw-down period of an USD 8 billion loan from January next year, a move people familiar with the e-commerce company`s plans said would buy it more time to launch an IPO.

Dec 11, 2013, 19:58 PM IST