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Instagram threatening Amazon with its e-trade plans

Instagram threatening Amazon with its e-trade plans

The current dominance in online commerce enjoyed by Amazon could be endangered if Instagram, with its one billion users...
Alibaba’s 6.18 Mid-Year Shopping Festival breaks records across China

Alibaba’s 6.18 Mid-Year Shopping Festival breaks records across China

Alibaba Group’s Taobao and Tmall shattered multiple records during this year’s '6.18 Mid-Year Shopping Festival,' sating a rising demand...

New Retail: Using data tech for seamless engagement between online and...

Shilpa Ahuja is always pressed for time. There’s work and then there’s home! And when she’s home, she wishes...
Mirae-Naver, Alibaba, CDC invest US$ 150 mn in BigBasket

Mirae-Naver, Alibaba, CDC invest US$ 150 mn in BigBasket

South Korean Asset financial group Mirae-Naver, Chinese e-tail behemoth Alibaba group and British development finance institution CDC on Monday...
Amazon to close its online biz in China: Report

Amazon to close its online biz in China: Report

Retail giant Amazon will withdraw its domestic e-commerce marketplace business in China, effective from July 18, but will keep...
Paytm Mall plans to hire 300 people in next few months

Paytm Mall plans to hire 300 people in next few months

Alibaba-backed Indian e-commerce firm Paytm Mall Sunday said it has hired 200 people across various functions and is planning...
A new world of shopping: 100 mn people to make purchases using AR, VR by next year

A new world of shopping: 100 mn people to make purchases...

By 2020, 100 million people would shop in-store and online using Augmented Reality (AR), enabling people to visualise products...
BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

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,...
How technology is revolutionising the foodservice industry

How technology is revolutionising the foodservice industry

We are at the beginning of the most radical transformation of the foodservice industry. Until now, technological innovations in...
RIL has true potential to evolve into India's Amazon or Alibaba: UBS

RIL has true potential to evolve into India’s Amazon or Alibaba:...

A week after Reliance Industries (RIL) reported a 8.82 percent rise in consolidated net profit for its third quarter...