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In Pics: The top level churn in e-commerce

2016 is ending and Indian e-commerce majors - Flipkart, Snapdeal, Jabong, Paytm among others - are grappling with an exodus of management-level executives. All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars they have...

Snapdeal to waive seller charges for COD orders returned after demonetization

In order to support sellers - some of whom had Cash on Delivery (CoD) orders returned post the high currency notes demonetization announcement - e-commerce major Snapdeal said that any return charges, which are in normal course, borne by...

E-commerce operators to deduct TCS under GST

E-commerce operators like Flipkart and Snapdeal will have to deduct TCS (tax collected at source) while making payments to their suppliers, according to the new model GST law, which has done away with the definition of 'aggregator'. According to a...

Snapdeal to invest $100 million in fashion biz over one year

Snapdeal will be investing US $100 million over the next one year to give its fashion business a makeover, according to a report in The Times of India. "In the next few months, we will make some big moves in fashion....

Third-party logistics firms ride on e-commerce boom in India

With the tech-savvy Gen-Next and the upwardly mobile shopping online to buy even their daily needs in cities and towns across India, third-party logistics firms are riding high on the e-commerce boom. Though leading e-tail behemoths like Flipkart, Amazon and...

Note Ban: E-tailers resume cash-on-delivery option for payment

E-commerce majors Flipkart, Snapdeal and Amazon have resumed the cash-on-delivery option for orders on their websites and apps after disabling it temporarily post the Government’s decision to demonetize Rs 500 and Rs 1,000 denomination notes. While Amazon India had brought...

Freecharge's Wallet on Delivery crosses 100,000 delivery mark

Snapdeal-owned mobile transactions platform Freecharge today announced that its recently launched 'Wallet on Delivery' option has been used for 100,000 Snapdeal deliveries, within the first week of its launch. The company said that this might be the start of a...

Demonetization is inflection point for India’s digital payments economy: E-comm giants

India is a country which has population of 1.25 billion, approximately 660 million debit cards and 25 million credit cards. In theory, the country is almost ready to go cashless, but where it lacks is the point of sales...

Post demonetization, Freecharge wallet growing 12 times a day

Within the first 24 hours of the announcement of demonetization, the wallet loads of Snapdeal-owned mobile transactions platform Freecharge grew 12 times and has been increasing by the same average since then. "Within the first 24 hours, wallet loads grew...

Snapdeal's COD business marginally hit by demonetization

In the wake of demonetization of high-value currency notes, online retailer Snapdeal has recorded a 'marginal dip' in its cash-on-delivery (COD) mode of payments, a top company official said on Monday. The online retailer will also invest US$100 million in...
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How fashion brands are leveraging AI

From product design to marketing and virtual try-ons, here’s how the fashion majors are adopting AI in their businessTop...
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