The speakers will initially be launched with an English interface and be updated later to respond to commands in regional Indian languages.
"The additional interest was acquired from existing shareholders of Flipkart. Following the investment, the group holds a 16% interest in Flipkart on a fully-diluted basis," according to the financial report filed by Naspers.
Subscription benefits for customers to include event ticketing & cashbacks via Amazon Pay wallet.
Snapdeal rejected General Counsel Ashish Chandra’s recommendation to file charges against the former senior executives of Quickdel, the parent company of GoJavas.
This comes at a time when Flipkart is conducting due diligence on Snapdeal for a possible acquisition which will also bring in investment from Japanese telecom and internet major SoftBank, the largest shareholder in Snapdeal.
Part of the Flipkart group, the portal expects four lakh new customers to log in during the three-day event typically timed ahead of end-of-season sales across offline stores.
In order to prepare for the spike in volumes during the sale, the logistics arm of Myntra has identified and signed up 800 kirana stores for last mile deliveries.
It has not renewed the contracts of the top sellers until there is further clarity on GST regulations for sellers across categories
“We have some basic line of private label but Divastri will be our first brand in the fashion space,“ said Rishi Vasudev, VP of fashion (retail) at Flipkart.
Paytm Mall has mandated GST compliance for its merchants ahead of rollout
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