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Amazon says prohibiting non-essential deliveries will disappoint consumers, small businesses, others

After the government barred delivery of non-essential items through e-commerce platforms, Amazon India on Sunday said the new guidelines will disappoint consumers whose list of essentials had expanded to ‘work from home’ and ‘study from home’ products, as well...

COVID-19: E-commerce cos resuming ops, clearing order backlog could take at least a week

E-commerce companies like Amazon and Grofers are gradually resuming services across various cities they operate in, but it will take at least a week or so to clear the pending orders, according to industry executives. According to a PTI report:...

Paytm Mall waives off penalties on merchants for order cancellations and delays in processing

Paytm Mall (owned by Paytm Ecommerce Private Limited), which is redefining the e-commerce space in India with its unique O2O (Offline to Online) model, announced that it has waived off order delay and cancellation penalities on merchants due to...

Paytm Mall prioritizes essential products during COVID-19 pandemic

Paytm Mall (owned by Paytm E-commerce Private Limited), which has been redefining the e-commerce space in India with its unique O2O (offline to online) model, announced that it is going to prioritize on fulfilling the most urgent needs of...

Paytm Wholesale Commerce aims to take Indian products to international markets

Paytm Mall on Tuesday said its subsidiary Paytm Wholesale Commerce (PWC) has partnered with a number of entities to take Indian products to markets like Southeast Asia, the Middle East, Africa and the US.PWC - a subsidiary of Paytm...

Paytm Mall narrows losses to Rs 1,171 cr in FY19

Paytm e-commerce narrowed its losses to Rs 1,171.62 crore in 2018-19 from about Rs 1,787.73 crore in the previous financial year, according to regulatory documents.According to a PTI report: Paytm e-commerce, which is locked in a battle with giants...

‘Paytm Mall biz to break even in a year’

Paytm founder Vijay Shekhar Sharma on Monday said he expects Paytm Mall - the company's e-commerce unit - to break even in a year's time. Sharma maintained that Paytm will consider getting listed on stock exchanges only after 2021...

Paytm Mall expects to generate Rs 500 cr sales for offline partners

Paytm Mall expects to generate around Rs 500 crore sales for offline partners after onboarding 30,000 new retailers during the current festive season, the company said on Tuesday.The firm is also looking to generate overall sales of around Rs...

Paytm Mall solves the logistics cost in e-commerce with its online-to-offline model

Paytm Mall, one of India’s leading e-commerce players, has upped its game. It is targeting to become EBITDA positive within 2 years on the back of its innovative approach to solving the logistics cost.In India, logistics is the largest...

eBay buys 5.5 pc stake in Paytm Mall for US$ 160 million

US based e-commerce firm eBay has bought a 5.59 percent stake in Paytm Mall for US$ 160 million (around Rs 1,101 crore), according to a regulatory filing by Paytm E-commerce Private Limited.According to a PTI report: Paytm E-commerce, the...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

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