Next big wave of technology Unicorn listings could be in India
Mohandas Pai said that liquidity and valuations shouldn’t be concerns for companies seeking to list, as the market is “flush with money” and India investors have shown a willingness to pay up for growth stocks.
Companies hope to strike gold on Black Friday
Black Friday, or the Friday after the Thanksgiving Day in the US, is regarded as the beginning ...
Myntra to focus on luxe brands, track your fitness
Myntra will be rolling out new initiatives such as stylists on call, an embedded fitness t...
Myntra logs Rs 539.2 cr loss in FY'19
The fashion e-tailer had registered losses to the tune of Rs 151.22 crore in the previous year, documents sourced by business intelligence platform Tofler said. However, the company's revenue from operations more than doubled to Rs 1,041.10 crore in FY'19 from Rs 398.33 crore in the previous fiscal, it added.
Walmart takes a $290 million impairment on Jabong
Flipkart has been struggling to figure out a definitive long-term strategy for the fashion portal.
Nearly 1/3rd of cash orders not delivered
Narvar’s CTO Ram Ravichandran said that several ecommerce companies in India are piloting projects using machine learning and AI that may enable them to cut losses by several means, including not offering COD to certain shoppers based on their shopping behaviour.
Nykaa pushes offline in Tier 2, shows rising orders from beyond metros
Beauty is a fast-growing category and ecommerce companies like Amazon, Flipkart and Myntra have realised that Indian customers are far more open to trying out products online. For Nykaa, it was all about giving customers access to brands they typically wouldn’t get in their towns.
Local tailors set to deliver for Myntra
The country’s ecommerce industry witnesses an average of 19 lakh shipments a day with merchandise return accounting for 15-25% of the total shipments.
Delivery boys and girls: Shouldering the festive burden
The squad that makes sure the process of online shopping is smooth for both the consumer and the supplier is also the one that shoulders the festive burden of discounts and the frenzy to buy new things.
Myntra eyes video, kirana stores
Myntra is planning to acquire and retain customers in small towns by focusing on videos.
Myntra recognized as one of the 100 Best Companies for Women in India
Myntra has been recognized for its work culture, policies for recruitment, retention and advancement, flexible work and added benefits provided to working mothers.
Myntra collaborates with Indian textile artisans for its private apparel segment
The fashion etailer has also collaborated with NGO’s such as Industree Bangalore, a women empowerment organization in Karnataka
Myntra partners Banijay Asia and Wavemaker to create digital reality show
The eight-part reality show will go live on the Myntra app starting September 17. It will be aimed at identifying India’s most sought after digital fashion influencer
Retailers join party as baby fashion grows out of infancy
Traditionally in India, baby garments like rompers, dresses, and inner-wear were purchased from small stores while branded garments were bought by the wealthy.
Jeyandran Venugopal is Flipkart’s tech chief
A technology veteran, Venugopal, was earlier a senior vice-president of engineering and product at the online retail firm.
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