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Snapdeal to expand tech team; hire 120 engineers this year

E-commerce platform Snapdeal Monday said it is looking to expand its technology team with the addition of 120 engineers this year as it enhances personalisation and recommendation features for its users.The company, which competes with larger rivals like Amazon...

New E-commerce Policy: Retailers seek to override the fallout

The advent of e-commerce in India ‘smartly’ altered the shopping habits of Indian netizens. Anything and everything - from groceries to apparel to electronics etc. – is now just a click away. For a while, it appeared that ‘couch...

BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...

fabindia bets big on experience centres, to open 30 more by 2020

Following a tremendous response for its Experience Centres, fabindia, India’s largest lifestyle retail brand, has recently launched its third Experience Centre in New Delhi-NCR. Located at Lajpat Nagar, one of Delhi’s most popular shopping destinations, the store is spread...

Foreign e-tailers must have registered entity in country: Draft policy

E-commerce sites or apps available for download in India must have a registered business entity in the country, according to latest draft e-commerce policy, which also proposes regulation of cross-border flow of data collected by sector players in India.According...

Online Marketplaces: Delivering fashion to the discerning masses

The online fashion space in India is positively buzzing with private labels or brand partnerships. Recently, heritage American denim brand, Wrangler collaborated with Indian e-commerce giant, Flipkart to launch an exclusive sub-brand called Wrangler 20X. Myntra also launched its...

Using digital tech to create multi-sensory consumer experiences to strengthen brand

Of late, brands are exploring means and mediums to engage with their customers as frequently and as innovatively as possible. Among the many popular mediums, social media is emerging as the preferred route to connect with consumers.Last year for...

Liberty Lifestyle further strengthens its presence in the market through strategic partnerships and initiatives

After a successful launch of its fragrance line in the country, Liberty Lifestyle has been focusing on their marketing initiatives and has been actively participating in various events and exhibitions to sustain growth and awareness for the brand. As...

Amazon, Walmart stocks stay subdued as new e-tail FDI norms kick in: Analysts

Stocks of global e-retailers -- Amazon and Walmart -- remained subdued on Monday, days after India's new Foreign Direct Investment (FDI) norms for e-commerce companies dented investor sentiments.In the early morning trade hour (US East Coast), shares of Walmart...

Walmart may exit Flipkart due to new FDI rules: Morgan Stanley

Retail giant Walmart may exit Flipkart after India's new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment banker Morgan Stanley has warned."An exit is likely, not completely out of the question, with the Indian...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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