Flipkart, one of India’s top two online shopping websites, said it has started buying back used mobile phones from users in return for vouchers that can be used to buy any electronics items from the website. The ‘Sell Back’ program will be applicable to items purchased from anywhere in India, and will be expanded to […]
US Secretary of Commerce Wilbur Ross today said that e-commerce giant Amazon, one of the biggest foreign investors in India, had scaled down its plans for investments in this country after the government came up with new, protectionist and restrictive ecommerce rules. In what was seen as a nasty blow to the likes of Walmart […]
Mukesh Ambani, chairman of Reliance Industries group, today said that his company is working on creating a pan-India e-commerce platform that will help small, offline shops compete with players like Amazon and Flipkart. The platform will work by making the inventory of small shops available for purchase online using a sophisticated web and app interface […]
Indian retailing company Shoppers Stop Ltd. said it has opened one ´M.A.C´ door at New Delhi International Airport and one shop-in-shop ´Mothercare´ store at Orion Mall, Brigade Gateway Bengaluru. “By opening these stores the company has now 40 M.A.C doors and 41 Mothercare stores under its operations,” said the company. The company said its 51% […]
The upcoming festive season, beginning October 1 is likely to register record-breaking sales, revenues, and highest ever purchase rate per minute for e-commerce giants as most people have deferred their holiday purchasing plans in anticipation of blockbuster offers, an ASSOCHAM survey-cum-analysis found. The Associated Chambers of Commerce and Industry of India (ASSOCHAM) interacted with about […]
