Snapdeal partners with Dailyhunt to add news content on marketplace
The integration will provide news content related to politics, sports, business, art, technology and cinema in 14 Indian languages to include non-metro users.
AI startup Inspektlabs raises $600k Pre-Series A funding round from Better Capital & Titan Capital
Inspektlabs has so far inspected 100K cars...
E-commerce companies like Amazon, Flipkart seek time to comply with labelling rule
Companies have been asked to provide feedback within a for...
Slow clearance of Chinese goods may put etailers like Amazon, Flipkart in a spot
India’s move to delay Customs clearance for goods, components and raw materials imported from China could hurt companies like Flipkart, Amazon, Snapdeal and Paytm Mall, as it puts at risk categories that contribute over 50% of sales on these ecommerce
Amazon.in & Snapdeal in notorious list is to motivate action on delayed Indian bills
India’s law on foreign direct investment (FDI) in ecommerce, too, has a clause asking for the clear display of the name, address and other contact details of a seller by online marketplaces.
CarDekho lays off 200 employees, up to 22.5% pay cut for rest
When contacted by ET, a spokesperson for CarDekho confirmed the layoffs and pay cuts, without answering specific queries or providing details.
Snapdeal resumes pan-India deliveries
The ecommerce industry was in deep crisis after government banned them from taking non-essential goods orders during the lockdown that began on March 25. However, after the fourth lockdown extension from Monday through May 31, ecommerce players were allowed to take order of all goods.
Lockdown 4.0: E-commerce firms Flipkart, Amazon may finally resume full operations nationally
ET had reported that Flipkart and Amazon had been able to recover only 20% of their sales a week after the May 4 order that allowed them to resume business in green and orange zones.
Snapdeal focuses on unit economics
Snapdeal co-founder Rohit Bansal said the key for Snapdeal now is to have a "product market fit" wherein it grows profitably, rather than achieving merely scale.
Amazon.in, Snapdeal in US 'Notorious' markets list
In all, the US Trade Representatives' (USTR) annual list has 38 online markets and 34 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting and copyright piracy. Other than Snapdeal, the four markets are Tank Road in Delhi, Heera Panna in Mumbai, Kidderpore in Kolkata and Millennium Centre in Aizawl.
Pepper raises Rs 2.2 crore from Snapdeal founders' Titan Capital, other investors
Founded in November 2017 by then second-year BITS Pilani students, Anirudh Singla and Rishabh Shekhar, the Mumbai-based startup aims to be India’s largest content marketplace platform.
Meesho, Shopclues, NoBroker, others enter online grocery space for survival
The foray into grocery and delivery of essentials have also been pushed by local governments and allows these businesses to get curfew passes to stay operational during the lockdown period.
Non-essential e-tailers bear brunt of virus lockdown
The shutdown is hurting everyone, but online sellers are bearing the brunt.
Chinese investments in Indian start-ups grow 12 times to USD 4.6 bn in 2019: GlobalData
There has been a 12 times growth of Chinese investments in startups over the past 4 years to $ 4.6 bn in 2019.
Covid-19: Amazon, Flipkart, others look to deliver the goods
Ecommerce companies await clarity from government agencies on what goods are termed essentials, as they look to service a larger variety than just “food, pharmaceuticals and medical devices” that the Ministry of Home Affairs had allowed in its March 24 order.
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