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Lenskart opens 1st store in Jeddah, 4th in Saudi Arabia

The company forayed into the Kingdom of Saudi Arabia in December 2023 with its first store in Riyadh New Delhi: Gurugram-based omnichannel eyewear retail chain Lenskart has opened its first store in  Jeddah, Kingdom of Saudi Arabia, a social media post...

Lenskart opens 3rd store in Riyadh, Saudi Arabia

The company forayed into the Middle East market in the year 2021 with its first store in Dubai New Delhi: Gurugram-based eyewear retail chain Lenskart has opened its third flagship store in Riyadh, Kingdom of Saudi Arabia, a social media post...

India’s internet economy to grow 6-fold to $1 trillion by 2030: Report

The growth will be led by the B2C e-commerce segment, followed by B2B e-commerce, software-as-a-service providers and online travel segmentNew Delhi: India's internet economy is expected to register six-fold growth and touch $1 trillion in terms of online transaction...

Snapdeal's first investor Kenneth Glass supports Kunal Bahl's merger call off decision

Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart. According to a PTI report: Glass, a former Microsoft executive, has written an email...

Retrenchment in e-commerce industry not unique to India: Nirmala

Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally. The minister's comments came a day after major layoffs were announced by...

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
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PhonePe users can now make UPI payments in UAE via Neopay Terminals

Neopay Terminals is available across a wide array of retail stores, dining outlets, as well as tourist and leisure...
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